Luca Mormina
First Investment Property
7 March 2024 | 3 replies
I secured financing for my first property through a conventional 30-year fixed-rate loan, securing a favorable interest rate for stable and predictable long-term payments.
Matt Vandeleest
Jumping in with both feet!
7 March 2024 | 3 replies
Each class has different tenant pools, appreciation, turnover rates, etc.
Kalen Adamson
moving capital from stocks/ETFs or shares into real-estate
7 March 2024 | 7 replies
@Kalen AdamsonNot tax advice as a cpa can respond but typically when you cash in stocks that gain is taxed (if owned for a while at qualified dividend rate).You could take the cash, hold money for taxes and put that money as a contribution to the LLC and then start investing in real estateIf you invest in real estate you may get depreciation etc whixh could be paper loss and potential reduce tax obligation but the entire picture needs to be looked at
David Cianci
House Hacking in New York City
7 March 2024 | 5 replies
NYC has a high demand for rentals overall, but you'll have to look into the particular neighborhoods you're interested in.Your cash flow will be impacted by your mortgage's interest rate.
Jesse Gonzalez
Mortgage market update
5 March 2024 | 4 replies
Mortgage backed securities (MBS) lost -78 basis points from Wednesday's close which caused 30 year fixed rates to move upward.This was the third straight days of sell offs.
Devang Patel
Is this the time to be selling your rentals
7 March 2024 | 38 replies
Interest rates and prices will almost certainly be higher for the rest of your life.
Steve Meyers
San Diego Market Recap - Jan 2024
6 March 2024 | 3 replies
Days on market are less as well which shows me that demand is still very much there.With affordability and inflation playing the biggest factors into why a lot of buyers are settling with a condo or townhome to start in hopes of moving up to something bigger and better as the market continues to appreciate and trend upward.I fully anticapte the remainder of this year to be a very busy one with a lot of buyers entering back into the market with talks of rates coming down in the Spring.
Alex Banyasz
STR Insurance Policy Limits
7 March 2024 | 14 replies
At this time, I believe they are accepting new properties in FL, but the rate may be high.
Peter Morgan
Tenant wants to add more roomates to keep up with payments
5 March 2024 | 6 replies
I don't offer discounts or special concessions for students.
Gerich Fellermann
Partner buyout - 3 SFR's in 3 states - how to finance?
7 March 2024 | 7 replies
Credit is 800+.I have ~$120k in an inherited IRA that I could liquidate as well, but would prefer not to if at all possible.House #3 is least priority and could be used to offset the cost of the buyout on #1, but it cashflows so if I can keep it that would be great.I know it's a tough rate climate, but I'm looking for any creative options, and lenders who operate in all three markets that could help streamline the process.