Robin Simon
What Are Current DSCR Loan Rates? Key Market Movers and How to Track Rates
18 June 2024 | 0 replies
Many months of rates moving at most a few basis points a week morphed into dramatic, massive movements—with bigger changes sometimes happening in one day than had occurred in quarters or years prior.Real estate investors navigating the challenging market of 2024—with mortgage rates still at elevated levels—are at an advantage when they can lock in financing terms or plan purchases while DSCR loan rates are favorable.
Michael Hyun
Seller Finance or Commercial Loan for Multi-family right now?
17 June 2024 | 4 replies
Mainly because I can craft the mortgage a little more (no pre-payment penalties, lower down payment, etc.) and eliminate the fees charged by lenders and brokers.One of the benefits of purchasing a listed property is that the broker will normally set the seller's expectations a bit more than you just contacting them off the street.It comes down to what the seller really wants: a certain price, interest, down payment, or term.
Diana Tran
For those who invest remotely and scaled their business, how do you do it?
17 June 2024 | 26 replies
Hi @Diana Tran, it’s unfortunate that you’ve experienced working with dishonest people that you expect to have your best interest in mind to minimize your exposure to risk and ensure your success when investing in real estate.
Walter Wintermute
Withdraw from 401K or Roth 401K to pay off Rental Property
15 June 2024 | 10 replies
Short term looks good to pay it off, but a look at the long term tells me…leave it in 401(k)!
Matthew Bruzek
Temporary Mortgage Freeze?
15 June 2024 | 6 replies
@Matthew BruzekWhat state is this in, there are also departing home programs which are bridge loans that will work with you and be short term financing to buy a home while you sell your other
Ethan Piani
24 y/o with $120,000.00 --> Need advice
15 June 2024 | 32 replies
Its a short term pain that ends with a long (not even to long) term profit from my experience.
John Hua
Section 121 question
17 June 2024 | 5 replies
@John Hua - I have a short answer and a disclaimer that there may be a need for a much longer answer.Short and therefore simplistic answer: roommates in a shared SFH do not cancel the fact that it is your primary residence.
Ryan Richmond
Refund request 2 weeks after stay
18 June 2024 | 13 replies
one star threats are not our favorite as hosts but she did give us a couple items we were not aware of and were able to correct before the next medium term guest.
T. Alan Ceshker
Wraps and due on sale clause
15 June 2024 | 87 replies
I argued this before the Texas legislature successfully.
J Zhang
Fannie Mae Condo mortgage rules
17 June 2024 | 6 replies
Whether a condo is warrantable or down payment requirements and terms structuring?