30 April 2024 | 2 replies
Thanks,Robert Robert,Would either have to look into some kind of a Quit Claim Deed to transfer it into your entity, or just fully refinancing either cash-out if you have any equity, or doing a rate and term refinance where you just transfer the existing debt in the property into your LLC.Payments could go either way, by being a member of the LLC, any rent payments could be linked to you pretty easily.
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30 April 2024 | 9 replies
Higher taxes, higher insurance, higher interest rates.
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30 April 2024 | 1 reply
With interest rates at a steady increase, typically investors in Multi units are looking at 8-11% interest on conventional, commercial, and PML options.
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30 April 2024 | 7 replies
Even though you only need 15-30k, DSCR loans are typically at least 75k as the minimum requirement and you'll get an increase on your rate for having a "low loan amount."
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30 April 2024 | 2 replies
. $140 equity in our primary residence that we’d be open to getting a HELOC on (would love feedback on if people recommend this or not).Given our limited available resources for down payment, high home prices, and higher interest rates, is now a bad time for first time investors to enter the market?
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30 April 2024 | 1 reply
Developer could not complete escrow and property fell out of contract.I need help deciding on whether to try an list again and sell OR to hold and wait out the higher interest market for rates to drop with hopes of higher offers OR to develop the site myself and build it out.
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30 April 2024 | 1 reply
Recently, I've encountered startups and companies offering quick EMD financing at high interest rates (around 3-5% per month).
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1 May 2024 | 8 replies
Im assuming getting a lower refi rate would lower payments also improving my DTI Ratio ?
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30 April 2024 | 6 replies
I would not be eligible for a 1031 exchange, and when looking at refinance rates on 3% and 5.5% rates respectively, the numbers would not make sense to keep the properties and scale.
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30 April 2024 | 2 replies
Want to access equity but don't want to take on a higher rate.