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8 September 2024 | 168 replies
I now have the luxury of shopping a commercial loan at my own pace.
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13 September 2024 | 50 replies
A lot of CA folks seem to want to shop only on Zillow, see 0, buy something, meet no one that is going to be supporting them, and then immediately lose money and get discouraged.
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6 September 2024 | 4 replies
One-year leases are very common in smaller spaces, as you're most often working with tenants in the trade industry that need a garage styled space for tools and equipment, some with a small 1-person styled office adjacent the shop.
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5 September 2024 | 3 replies
Not sure how much you need for the remainder of the repairs.
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6 September 2024 | 5 replies
This doesnt seem correct for him not to be able to buy it but some shops do only allow technicians to buy the parts from them so that is true.
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6 September 2024 | 13 replies
I have some vision in my head (which may not be based in the real world and change over time) a scenario where I sell my current house and use the equity to put a down payment on a smaller home or even rent for a short time, using the remainder of the equity along with some savings and if needed, family investors, to purchase a value add quad that I can reposition and roll into a 20 or 30+ unit property in the course of 18-24 months.
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4 September 2024 | 7 replies
I am in a hurry to refinance a construction loan for a permanent fixed rate loan. Is it possible to compare what the brokers I have consulted with offer.Or is that unethical and I should stick to the first one who sen...
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6 September 2024 | 3 replies
I just spent a few weeks shopping for insurance policies on a Houston metro rental - it's really tough right now.
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9 September 2024 | 22 replies
Excellent location in Mesa.I shopped around and I found a mortgage broker who was able to get me a 6.99% rate who took the loan to UWM (united wholesale mortgage).I negotiated a $15k seller concession I used for a 1-0 buy down so my rate for 1 year will be 5.99% and then revert to 6.99% for 30yrs. and then we used the rest of the concessions for closing costs. in 6 months or 12 months I will revisit to see if mortgage interest rates dropped significantly to justify a refinance to lock in a lower interest rate.part of the approval process for the Fannie Mae 5% mortgage is to make sure that i could afford this property and that i have good credit, my income is consistent and stable and it reflects that on my tax returns, I have sufficient capital reserves for the subject property and my other 10 Multifamily properties (6 months of PITI for the subject and then it's percentage based off of the loan amounts and how many properties you have)I agree, the more that government "helps" they therefore are increasing pricing.
3 September 2024 | 0 replies
Hi All,I just wanted to know if anyone has been using any good companies for landlord insurance in Rochester, NY. I have 3 rental properties and am looking to get some new quotes.If anyone has any recommendations, tha...