Cameron Chambers
Anyone in the forums from Canada?
26 November 2024 | 127 replies
It discourages new landlords from entering the market and limits the ability of existing landlords to adjust rents to match rising maintenance and operational costs.
Tim W.
Help with Mortgage Financing on Small Multi-Family outside Pittsburgh
28 November 2024 | 5 replies
You don’t necessarily have to pay points for the rate, but you’ll very likely be charged an origination fee.
Joe S.
Rethinking some of Dave Ramsey‘s teaching
2 December 2024 | 5 replies
Credit card debt can be a double edge sword because after the zero interest teaser rate runs out, you really have problems.
Rene Hosman
If you had one question for a professional house flipper, what would it be??
4 December 2024 | 25 replies
Commercial bank or local business bank - where they will fund as much of the purchase price and rehab budget as possible, typically will have a lower interest rate than option 13.
Sebastian Tamburro
New Investor looking to break into the foreclosure market
2 December 2024 | 2 replies
For distressed properties, focus on markets with growing job sectors, good schools, and lower crime rates, as these factors drive rental demand and long-term growth.
Isabella Romano
DTI issues applying for new loan- HELP
29 November 2024 | 6 replies
Updates For 2024 and Beyondhttps://www.biggerpockets.com/blog/what-is-coming-in-2024-fo...What Are Current DSCR Loan Rates?
Saad D.
Is the 1% rule dead?
22 November 2024 | 92 replies
However, with rising property prices and rents not keeping pace, it’s becoming more common to see 0.7% to 0.8%.
Roger Mace
How to Know if You Have a Good Private Money Broker
30 November 2024 | 0 replies
The standard rate is 3% of a loan, a good broker will never exceed their origination costs of more than 3%.Additionally, a competent broker goes beyond merely securing financing.
Marquise Bailey-Dillard
looking to purchase a single family home
27 November 2024 | 7 replies
Rates will be 10-13%, depending on the terms.A HELOC can be a good tool to leverage your equity for a down payment without touching your current low-rate mortgage.
Lorraine Hadden
Is AN 800+ FICO CREDIT SCORE EVEN POSSIBLE?
9 December 2024 | 38 replies
Talk to lenders, but to be honest who cares if it is over 800.I've had over 800 and over 750, lenders typically provide the same rate as long as it is over 740.