This is the highest level of refinancing activity since September 2022, when rates began approaching 7% for the first time since 2002.

If out of choice, the 10 year yield should drop another 75 to 100 basis points, bringing the mortgage rates down, and if we go into recession then they will cut out of necessity bringing the 10 yr yield down 150 to 250 basis points at least, and also leading to rising unemployment and declines in property values, although HCAD will take their sweet time to adjust as always. 

I put a lot of time and effort into finding a new tenant, and there is no gap between the two tenants.Can I still charge the penalty of two months' rent as stated in the lease?

I'm not local to the area at this time so I can't serve the notice.

I'm having a hard time coming up with any other answer than, as the one putting in 100% of the cash, I want 100% of the equity.If you're going to manage the property, I think you deserve to get paid the property manager's fee.If you're finding the property and offering it to me, a RE commission or finder's fee would be in order.If you're going to manage the rehab to get it rent ready, a fee for that service would be in order, too.But I'm having a hard time with any of that justifying an equity stake on your part. 

Beyond the financial benefits, this investment also provides an opportunity to spend quality time with my children and grandchildren, as we work together to manage and grow this asset.

The buyers have been paying on time and have not missed a payment since the purchase closed on 7-26-21.

Hey BP community,I’m investing in a self-storage facility for the first time and have narrowed down my options to a few properties, mainly in Texas, New York or Arkansas.1.

Big mortgage companies do it all the time.

You seem like a great candidate for a DSCR Loan - and you have great timing as rates have finally started to really come down to make cash-out refinances viable again!