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10 July 2024 | 24 replies
Property prices are relatively lower compared to major Canadian cities.Cons: Certain neighborhoods may have higher crime rates or lower demand for rentals.
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10 July 2024 | 11 replies
Let’s call the interest rate 7%.
11 July 2024 | 6 replies
I want to pay them a preferred rate of return on their money without giving up equity in the deal.
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11 July 2024 | 6 replies
I planned on listing the property at $1,700 as that seems to be a reasonable market rate.
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10 July 2024 | 6 replies
(National Real Estate Insurance Group) They are nation wide and have good rates.
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10 July 2024 | 5 replies
Of course the bank says "no problem", I start the process etc, then after credit pull and everything state "thing's have changed and you cannot own more than 3 investment properties" so now I'm at a standstill and they want to push me to commercial side, which in this case is requiring them to take my first and have to refi the balance and lose my rate and then tap a HELOC afterwards at commercial terms.
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10 July 2024 | 5 replies
What used to work in 2018 doesn't work today because the purchase price and mortgage rates have changed significantly.Continue learning and watching the market.
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10 July 2024 | 0 replies
Hi there, curious if anyone local to OKC or an investor in the area knows of a website or has docs in regards to various zones/area codes and what their ratings/scores are in and around the OKC area. i.e. zip code: 01456 Grade: B-.
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10 July 2024 | 5 replies
I have a friend that I just taught amortization to as he is trying to quickly pay off his mother's FHA loan to remove a co-signer, then cash out refi (yes, I explained interest rates right now).
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8 July 2024 | 35 replies
For our example, we will assume you are purchasing this property as a secondary home and got an interest rate of 3.5%.