10 December 2015 | 2 replies
A) 5/1 ARM – 20-year Term; Up to 30-year AmortizationInterest Rate Options:1) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.00% + 1 point2) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.50% + 0 pointPresently: L5 Resi Owner-Occupied 5/1 ARM No Point Product is set at 2.50% therefore, the CML Non-Owner Occupied 5/1 ARM rate would be1) 2.50% +1.00% = 3.50% +1 point2) 2.50% +1.50% = 4.00% + 0 pointTerm: Max: 20 yearsAmortization: Up to 30 yearsFloor: The initial rate on the transaction will be established as the Floor rate for the life of the loan.Repricing: At the end of the initial 5-year period, the interest rate would reset to the then 1-year T-Bill Rate (Index) plus 325 basis points (margin)No prepayment penalties requiredInterest Rate Repricing Caps: 2% +/- at each change date; 5% +/- over life of the loanClosing fees: Utilize mortgage calculator fee scheduleStandard commercial real estate loan underwriting guidelines are required (i.e.

8 December 2015 | 2 replies
Hi,Does anyone know of a website where you can search for investments or post buildings you own by cap rate, ROI, etc?

11 December 2015 | 7 replies
If you are interested in learning about wholesaling and potential deals in your area I would recommend using the "keyword alerts" feature.

8 December 2015 | 8 replies
Once you have a good foundation, then you can stay or look at a brokerage with a lower cap and better split.

8 December 2015 | 5 replies
I believe that I have somewhat of a technical advantage because I already understand CAP rates, cash-on-cash returns, etc. etc.
9 December 2015 | 5 replies
This is one of my favorite features of Bigger Pockets especially for asking specific questions.

7 December 2015 | 3 replies
The sale price was $430,000 ($53,750 Per unit, 7.66 Cap Rate and a Gross Rent Multiplier of 13.04).

8 December 2015 | 5 replies
Is 155k market price or discounted.If market is the area appreciating or at least stable (I’m thinking yes since you said a 7% cap rate is good) How did you come up with your expenses number?

8 December 2015 | 5 replies
They create a show home with too many high end finishes/features and fail to grasp fair rental condition.