Ryan Dunn
Unexpected Rate Increase on BRRRR Loan – Is This Normal?
10 December 2024 | 36 replies
The only time the appraisal will affect the rate is if the value came in lower and the LTV needed to increase to get the same loan amount requested, the rents on the 1007 came in lower, so DSCR was affected, or the appraiser indicated the location was rural which would result in a LTV reduction or interest rate increase.
Marise Sfeir
i am interested in the DUBAI market - does your analysis cover Dubai
28 November 2024 | 5 replies
Another factor that works well with US investors is that the local currently AED (Dihram) is pegged to the USD at 3.67~ AED per 1 USD.For long term rentals, its on average 5-8% after the “Service Charge” reduction.
Isadore Nelson
Brooklyn Foreclosure - Potential Red Flags?
28 November 2024 | 4 replies
Additionally, the repeated price reductions might signal broader investor hesitation, hidden repair needs, or structural issues.
Jaskanwal Preet Singh Chhabra
Permitting/Refinancing/Insurance with coliving model in Austin Tx
27 November 2024 | 2 replies
@Jaskanwal Preet Singh ChhabraRefinancing a converted property for coliving involves appraisal, loan types, interest rate reduction, and careful planning.
Shawn Callan
How am I supposed to buy a 2nd house!
4 December 2024 | 17 replies
Any reduction in non-mortgage debt can make a big difference in your overall DTI.Since you mentioned having funds for a down payment, putting more down on your new purchase could reduce your new mortgage payment and lower your DTI.
Adam Bartomeo
Cape Coral / Ft. Myers / SWFL Market Update Nov 2024
26 November 2024 | 3 replies
We will truly know the outcome once we are in season and can see what the buyer’s market turns into.FutureWith the current reduction in interest rates (.5% and .25%) we may see a slight increase in home sales.
Marie Thomas
Qualified Opportunity Zones (QOZ) - Commercial Real Estate Investing
26 November 2024 | 1 reply
-Tax Reduction [no longer available for new investments] - Furthermore, the taxes on those capital gains may be reduced if the Opportunity Zone investment is held for at least 5 years — and even further reduced if held at least 7 years.
Nathan Gesner
Are rents dropping in your market? You are not alone.
28 November 2024 | 26 replies
Have seen some price reductions from asking rents or higher priced segment of the market.
Thomas McPherson
Feds Cut Rates Again - Predictions for New Office
21 November 2024 | 7 replies
A severe reduction in gov't spending is the only path I see.
Albert Blair
Renting to Contractors
19 November 2024 | 7 replies
The closest I've come to your situation is similar to one in which a tenant wanted to cut the grass, for which he wanted to get a reduction in his rent.