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8 May 2024 | 1 reply
I may never buy a building with iron pipes again Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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8 May 2024 | 2 replies
๐ ๐ Real Estate Update ๐๐ Here's the latest market report (based on single family homes) ๐:๐ก Mortgage Rates:30-year conventional rate today is 7.25%30-year VA rate today is 6.65% ๐ฐ Median Sales Price:February: $460,000March: $475,000April: $476,000๐ New Listings:February: 1,669March: 1,845April: 1,914๐
Median Days on Market Until Sale:February: 21March: 16April: 13Some fun facts!
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9 May 2024 | 8 replies
My lender just sold his STR 4BR unit in Kissimmee after two years because it wasn't performing well.ย
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8 May 2024 | 1 reply
Meanwhile, my lender already paid the new $2,827 premium out of my escrow.
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10 May 2024 | 23 replies
currently new home builder in sweet spot because they can offer attractive mortgage rate and still profitable.
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7 May 2024 | 4 replies
I have a lender in first position (75% LTV) the seller will be financingย (20% LTV) and I am contributing 5% LTV + closing costs.
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7 May 2024 | 3 replies
If anyone has any leads or contacts on lenders that specialize in land loans or FHA construction loans that would be great!
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8 May 2024 | 4 replies
Meanwhile, my lender already paid the new $2,827 premium out of my escrow.
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6 May 2024 | 37 replies
Typical documents are a mortgage or deed of trust (depends on your state, I believe Washington is a deed of trust state), and a promissory note. ย
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7 May 2024 | 5 replies
Also, try to see if the lender will allow to buy under LLC for better assset protection; by doing personal gurantee.ย