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18 January 2025 | 17 replies
So this is creating more competition and more agreesive rent rates and/or concessions like 1 month free to get those vacancies filled.
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16 January 2025 | 17 replies
Also I've heard of some DSCR loans that are not too far off from conventional rates.
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21 January 2025 | 19 replies
Notice how they presume they are going to buy the asset at a substantial discount from the lender.
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21 January 2025 | 3 replies
Hard money loans can be an option, but they often come with high-interest rates and short repayment terms.
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16 January 2025 | 13 replies
Check their occupancy, nightly rate and amenities.
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24 January 2025 | 3 replies
What the investor will have is a long term appreciating asset; that will provide an increasing cash flow as rental rates increase, and steady amortization as the note is paid down.
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16 January 2025 | 2 replies
As Vince said it is a quick guideline and won't work in most places with current interest rates and house prices.
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15 January 2025 | 10 replies
You should be able to get up to 80% LTV on a rate term refinance.
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15 January 2025 | 11 replies
I expressed my objection to the rate.
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19 January 2025 | 10 replies
The interest rate on a HELOC or Heloan may be better than the personal loan.