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23 May 2024 | 2 replies
Currently, appraisal work is significantly down, since the refi's are generally non-existent as many homeowners refi'ed when rates went very low during the pandemic.
23 May 2024 | 1 reply
I’d love to hear who you’ve used in similar situations, or what sort of rates and terms could be expected.
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22 May 2024 | 3 replies
What did you pay, what is market rate rent, how much equity do you have, and what interest rate/loan type do you have?
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24 May 2024 | 17 replies
Maybe you get what you pay for but if you’ve only got a handful of properties in your portfolio maybe start out with people who just work for an hourly rate.
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21 May 2024 | 3 replies
I’ve seen them advertised.
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22 May 2024 | 4 replies
With conventional mortgage rates hovering around 7% for 30 years… cash flow basically happens at 6.5% cap rate and above.
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22 May 2024 | 6 replies
Is this possible for a cash out refinance or rate term on 2 investment properties on the same loan that need to be refinanced and separated, or is this a unicorn by a rainbow sitting next to a pot of gold?
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22 May 2024 | 2 replies
My partner and I use the subject to language from the AIR CRE forms as an addendum to the REPC - UtahSubject to language for purchase offer - Utah REPCBuyer(s) shall take title to the Property subject to the following existing deed(s) of trust securing the existing promissory note(s):(i) An Existing Note (“First Note”) with an unpaid balance as of the Closing of approximately:Said First Note is payable at $_____________ per month,Including interest at the rate of _________ per annum until paid (and/or the entire unpaid balance is due on ___________ (date).
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19 May 2024 | 2 replies
I locked my interest rate and I understand you normally can't get out of that rate.