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16 February 2025 | 6 replies
Only do that though if you can pay it off or get close to paying it off within a couple of years before the interest rate changes.
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12 February 2025 | 3 replies
If you are looking for more cash flow, the first option would work best.
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13 February 2025 | 5 replies
Monthly payment is 1900 with a 6.5 rate and would rent for 2500.posted in another group but realized it was the wrong one Hi Keith, Refinancing from an owner occupied loan to a non-owner occupied DSCR loan is tricky.
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10 February 2025 | 6 replies
Grading is set to begin once weather gets better.Bank loan is also part of this but they also are asking known friends to fund the project in return of higher interest rate .
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13 February 2025 | 16 replies
Many of these lenders allowing 2nds behind them are more expensive capital (10's - 13's in our current market [high rates - but now showing signs of coming down]).
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19 February 2025 | 27 replies
And that's all taking BEST case of 3X.
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10 February 2025 | 10 replies
I’m looking to pull equity from a property, but I have a great interest rate that I don’t want to lose.
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19 February 2025 | 2 replies
In other words, the government is concerned about an immediate affect on mortgage rates, because rates are so high today, and will be cautious in their approach.
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13 February 2025 | 10 replies
LTV can reach 70~80% even the cap rate is only 4.0%.
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30 January 2025 | 12 replies
Phillip, its best that I show you.