Erick Pena
Advice Needed: Identifying "Good Deals" in Real Estate Investing
20 January 2025 | 14 replies
We invest in some deals because they meet our Hurdle Rate/Return on Investment objectives.
Roger Flot
Updated Insurance for renovated property
21 January 2025 | 10 replies
Quote from @Roger Flot: I was reviewing some renovated listings in my area and one indicated that even though the house was originally built in 1920, because of all the renovations bringing the house to current code, that you could get 2024 rates on insurance.
Christina L.
Beech Mountain short term rentals
31 January 2025 | 21 replies
Our occupancy rates have been 65-95% during the peak.
Jim Stanley
Anyone invest with a hard money lender (lend to them to get interest)?
25 January 2025 | 5 replies
It worked out fine, though each time I got a little less than advertised interest rate (about 9% vs 10%) and I had to send a reminder email to to get my money back, but I did get it back.I ask about others' experience, because I'm still not 100% sure it's not a ponzi.
Riley Poppell
Condo Purchase in Lincoln Park
22 January 2025 | 2 replies
Since she was a first time homebuyer we were able to save her 1% off her interest rate!
Cristen Marcotte
DO NOT USE STEADILY INSURANCE
19 January 2025 | 15 replies
My umbrella policy just sent me a non-renewal because Steadily is underwritten by Fortega which is not at least B+ rated.
Ken M.
NAR Says - Existing home sales fall to lowest level in nearly 30 years
24 January 2025 | 1 reply
With mortgage rates close to 7% and generally soft homebuying sentiment, strength in existing home sales is unlikely to be sustained," said Alice Zheng, an economist at Citigroup.
David Greig
Primary Residence/First Time Homebuyer
26 January 2025 | 0 replies
I financed this deal on a 30yr conventional loan and I put 11,000 down with a 6.625% interest rate.
Nick D.
Pulling equity out of investment properties under LLC for a DP on a 3-family
17 January 2025 | 14 replies
For a cash out refi, you are generally limited to 75% LTV and rates right now are in the mid 7s for good credit and a DSCR over 1.0.
Rahni Walden
Looking to sell single family property in Las Vegas
3 February 2025 | 2 replies
The current tenants are month to month and not interested in buying, and the existing mortgage balance is assumable (3.65%) for qualified buyers.I know it's a great house -- and with the assumable mortgage -- a great buy for someone looking to save with current interest rates sitting as they are.