Lolo Druff
Buying a house with tenants in place
11 December 2024 | 5 replies
The estoppel is a form filled out by the tenant, then confirmed by the Landlord, and then accepted by the Buyer.
Jennifer Fernéz
Buying a property with bad tenants
10 December 2024 | 8 replies
We complete a final walk-thru 24-hrs before escrow close to confirm the property is vacant.Hope that helps!
Scott Trench
Bold Prediction: The Fed WILL Do a 25+ BPS Cut... But RE Borrowing Rates Will Rise
17 December 2024 | 20 replies
I believe that the Federal Reserve is going to cut rates by 25-50 bps at it's September meeting (no emergency cut), but that 30-year fixed rate mortgage rates will rise to upper 6s low 7s around the same time, and Commercial borrowing rates, including for multifamily, will increase as well.
Todd Fry
Small Mobile Home Park Financing
13 December 2024 | 16 replies
Its a possibility but would need some more infoWhat is the pad rental income only along with the other items below which I need for pricing.Property Address (so I can view the property and confirm that it isn’t rural):Your Approximate Credit Score:If occupied by tenant(s) what is monthly or annual income:If you like you can PM me too.Thanks
Carter Mayberry
Refinancing my current FHA to Commercial Financing
13 December 2024 | 15 replies
Most commercial lenders permit this, but it’s critical to confirm beforehand.Liability Protection: Moving the property into your LLC can shield your personal assets, but ensure your operating agreement reflects this properly.5.
Stuart Bartle
Ready to invest in first property rental
18 December 2024 | 24 replies
Proximity is a plus for managing the property, but make sure to run detailed numbers to confirm the cash flow and long-term potential align with your expectations.
Vince Nguyen
House hacking with a primary home
13 December 2024 | 11 replies
I don't know any lenders doing this other than possibly the VA (can anyone confirm/deny this?)
Glenn McCrorey
I quit my job today
29 December 2024 | 253 replies
This is the kind of confirmation that hard work can absolutely pay off.
Andreas Mueller
Why Should the Fed Cut Rates at All?
17 December 2024 | 0 replies
Market UpdateFor the second time in as many months, the Federal Reserve is on deck this Wednesday with a decision on whether to cut the Federal Funds Rate.