
6 January 2025 | 5 replies
as is prop value 75k and minimum loan size of 50k. as long as its turn key 30 year fixed is available. yes there are some fees and rate will be a touch higher. if it cash flows get it closed.

8 January 2025 | 10 replies
The ultimate tax hit is at most $5k (20k * max 25% tax rate) and it's probably not worth it to 1031 exchange for that little of tax deferrals.

10 January 2025 | 6 replies
HELOCs are usually variable rate and there may be yearly fees associated with maintaining the HELOC.

6 January 2025 | 5 replies
I was just thinking today there was all this excitement about VA loan assumptions there for a while when interest rates started going up.

27 December 2024 | 8 replies
When they pay out a claim, the money comes out of their pocket.

8 January 2025 | 11 replies
@Jonathan Bombaci recommend using that amount as a bargaining chip for lower rates.80% of evictions are wash, rinse, repeat.

14 January 2025 | 23 replies
Most seller's in a sub-to don't understand the risk they are taking and most lenders have concerns over the overall portfolio quality ratings which has an impact on their cost of funds.

9 January 2025 | 2 replies
For further context, we are trying to have him be the name on the loan because he would be able to utilize his first time home buyer loan to take advantage of the lowered offered interest rate.

12 January 2025 | 8 replies
Once you start stacking more and more property loans into your personal name, it can bleed into your personal credit worthiness.This bit me in the butt when I wanted to refinance my own house when rates were in the 2% range.

6 January 2025 | 5 replies
This alone is a significant factor in premiums going up (even when rates remain stable).