31 July 2020 | 7 replies
A bit harder to find is what percentage of the population rents.
4 August 2020 | 6 replies
Residential mortgage brokers might charge just a straight percentage but with a little legwork you can speak directly to lenders and make your own decision.I was trying to find a fully amortizing loan on a commercial property with a fixed rate.
14 October 2020 | 28 replies
I don't know about 3 percentage points to go from 3 to 6, though.
12 August 2020 | 11 replies
You would set a repayment term and repayment amount (lump sum or installments).If you want to benefit from the profit on the flip, you could simply say you want your loan amount in full plus "x" percentage of the profit.
8 August 2020 | 9 replies
Hey All -
I'm looking for some advice regarding property management. In a recent search for a property manager, she added a line that she gets 15% of the repairs she handles. There is an inherited tenant who is part...
8 September 2020 | 13 replies
Interest rates are definitely going to be higher than conventional (although pre-COVID-19 they were competitive and looks like it's trending that way again), but as long as the cash-flow is really strong, and you can have someone with solid credit guarantee the loan, you should be able to get a 30-yr fixed on a 1-4 unit property at around 70% LTV for cash-out, 75% LTV for purchase or rate-term (although again, we're seeing strong pressure to move these percentages up about 5%, but this is where most are currently).I can send you a PM, would be happy to answer any questions you have.
30 August 2020 | 11 replies
We shopped around but honestly 40% was the lowest percentage down required that we could find!
3 August 2020 | 3 replies
In terms of the monthly mortgage payments, I'd be open on taking all of that risk, or a higher percentage of it.
2 August 2020 | 6 replies
I would be curious to see the percentage of Primary versus Invest.
1 August 2020 | 5 replies
Hey allI'd love your opinion on a couple of cash on cash return questions.First, what amounts (percentages) do you personally use when estimating maintenance and vacancy costs?