We continue to have low vacany rates all over the city and rent prices continue to steadily rise year over year.

I want to ensure my taxes are solid, since I would like to be able to qualify for a traditional mortgage next year rather than continuing to work with hard money lenders due to the rather high interest rates I deal with(I still make it work, but of course more profit to be made with a conventional mortgage).Thank you!

Rates are higher right now but the old adage is "Marry the property but date the rate".

The ripple effects of global events and economic policies reverberate through our region, influencing interest rates, inflation, and housing affordability.

Please keep in mind when you do identify a lender that will take on vacant land- they will price the deal at a higher interest rate and will keep a low LTV to minimize their risk. 

My guess is that a lot of these sellers will either exit their current loan or be open to subto as soon as the rates ease up. 

I understand some of the benefits of an ARM especially if it gives you a lower interest rate and you don't plan on holding it for longer than 5 years or however long the initial rate is.

Your rent rate is currently $500 below market, but I am willing to keep it below market as an incentive to stay.Your new rent rate will be $1,650 effective June 1st, and I require you to take responsibility for the heat.

Considering the high interest rate, the projects and COC return seems too good to be true.

A wrap-around agreement is a type of secondary mortgage financing and involves the buyer paying the seller directly for a residential property — often at a higher interest rate than the original mortgage.