Duncan Hogan
creative downpayment strategies
16 April 2024 | 3 replies
That way you can bypass a bridge loan.I have borrowed $50k from my father to float some of the purchase of a Dental practice my wife owns...we simply pay into an account that we use to periodically pay him back lumps sums.
Itai Zapler
New in Cinci - Would love to connect :)
16 April 2024 | 12 replies
If you go up to the "Build Your Team" part of the banner and then go to Events & Meetups, you'll be able to see if someone in/near your area has a meetup organized!
Chris Holmes
Not Convinced RE Investing Is Worth It
15 April 2024 | 12 replies
Equity REITs (not mortgage REITS) are truly great though and have returned 1.5-2.0% more than SP500 over last 20/25/50 years in multiple retrospective studies, and are a great value purchase right now due to being beaten down by fast FED rate rise last 2 yrs, however to get best tax benefits, buy them only within a tax advantaged account like 401k/IRA etc as the big dividends are taxed very high at earned income rates.Good luck, wishing you and wife all the best on your investing journey :) ps don't ever keep cash at a bank, park in your brokerage account and buy USFR, a wisdom tree ETF, pays 5.39% interest, holds only 8 week US treasury floating rate notes, so you don't need to worry about FDIC or SPIC insurance as only way US govt doesn't pay is if we get nuked, then you won't much care about cash yields, just non-radioactive water.
Hina Anis
Floating or Fixed Rate
10 April 2024 | 5 replies
5 homes as collateral 8% for 5 years balloon for 20 yearsor 3 year floating capped at 7.5%-5% for 25 years.
Dav Pohote
Historical chart of commercial real estate rates
12 April 2024 | 8 replies
And while these are not 15 yr quotes, they have ranged from low 6% fixed five year, full recourse to over 9% floating non-recourse, also 5 yr term.
Haarden Shah
Easy Street Capital - Asking to wire transfer a deposit.
11 April 2024 | 23 replies
If it was floating then you would be subject to the guidelines, and rates for the day that it is locked (usually, with most DSCR lenders).
Danny Sanchez
Advice on how much cash to have on hand for House Hacking
8 April 2024 | 6 replies
Have enough to float you by a few months and if a repair pops up
Shelly Byce
How to structure the financials when friend is the bank and you are the contractor
8 April 2024 | 9 replies
When you close the line you return the 50k.So he floats you 50k.
Bernie Burke
Investment ideas question
8 April 2024 | 23 replies
if you want Zero risk then park in your brokerage account and buy USFR, a wisdom tree ETF, pays 5.39% interest, holds 8 week UT treasury floating rate notes only, so you don't need to worry about FDIC or SPIC insurance as only way US govt doesn't pay is if we get nuked, then you won't much care about Yieldif you ok with mild risk, I put my emergency funds cash into a group of different BDCs i like, these are business development companies (mini-banks) that make loans to small to medium size companies.
Sam Booth
Bamboo Flooring - Replace or Fix?
7 April 2024 | 29 replies
Did you glue it down, float or nail it?