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14 July 2024 | 9 replies
Hello guys, I am a newbie here and seeking for some answers regarding an FHA loan.
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15 July 2024 | 3 replies
They purchased it for $3m, put $750k into it, we expect it to appraise for $5m, and are seeking loan proceeds of $3m.Here are three commercial mortgages that might be a good fit (click to enlarge, if necessary):Not listed there, but from left to right: Points are 1.25, 1.5, and 1.Prepayment penalties are 5 years, no, and no.The way to read "3/25, 15 years maturity" is that the rate is fixed for 3 years then adjusts, it has a 25 year amortization, and a balloon payment at the 15 year mark.
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12 July 2024 | 6 replies
My name is Richard Pennington I am in the Raleigh North Carolina area seeking any advice on using an FHA loan or conventional loan for my first investment property.
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15 July 2024 | 8 replies
In 1984 pyschologists Daniel Kahneman & Amos Tsversky showed how humans tend toward irrational risk-seeking when facing an expected loss -- a loss like holding cash (equivalents) during inflation.
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13 July 2024 | 2 replies
Local or National Expert - There are certain areas of the country and property types where the most advantageous place to seek financing will be with a local lender or recommended area mortgage broker.
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14 July 2024 | 4 replies
if so, is it recommend for me to get a different loan that will cover the remodeling or should I pay that out of pocket, or should I seek for a FHA 203(k) loan?
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13 July 2024 | 8 replies
Hi BP Nation!
I currently have 20+ units that serve short-term, mid-term, and long-term rentals. As I look ahead to the next 5 to 10 years, I’m at a crossroads and could really use some advice from this knowledgeab...
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14 July 2024 | 27 replies
I would suggest that you also consider seeking out homes with assumable loans!
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14 July 2024 | 6 replies
Here are some potential steps and considerations for your friend in dealing with this issue:Steps to TakeConsult with an Attorney: It is crucial to seek legal advice from an attorney who specializes in real estate law.
13 July 2024 | 1 reply
Hello guys,I have a specific situation so I wanted to reach out seeking an advice for fellow members here who might guide me to the right path.