Tony Stephan
SOLD! 12 units for $1.395M
29 February 2024 | 0 replies
80% LTV, 10 year fixed rate at 4.25%, 25 year AM with a local CU.
Alex Springer
Tips on finding great local lenders?
29 February 2024 | 10 replies
If not, sadly, the allure of low rates and no points is taken off the borrower's table, but so are the licensed LO's that have little to no experience in DSCR.
Tom Owiti
Section 8 housing
27 February 2024 | 21 replies
For multiple reasons, the types of jobs they work don't provide for the rising cost of living.In our market, there are more SECT 8 vouchers issued than housing units available.
Henry Hsieh
Commercial real estate rate
26 February 2024 | 9 replies
I think at the end of 5 years interest rates will be over 10% from today.
Tony Pellettieri
Loan product to avoid impending failure??
1 March 2024 | 15 replies
If timeframe is a concern we do have a 14 day close option, it is more expensive in rate & fee but sometimes it's needed!
Joseph Pilolli
Using HELOC on first purchase.
1 March 2024 | 10 replies
Hi Joseph,As others have mentioned, given the high interest rate on the HELOC, it would be a risky play to use the HELOC as a down payment as you'd need a way to pay this back.
Hardy Davis
Should I accept lower Cash Flow?
28 February 2024 | 7 replies
Todays 30 year fixed rate mortgages are an astonishing 7.1% Based off that I am finding a lot of properties that, if at a 3.5% interest rate, would have a great 9% C on C return.
Danielle Tran
Recommend LLC or Keep Under Living Trust
29 February 2024 | 9 replies
The part about the LLC that I find a little difficult is financing - I think the lowest rates on residential are available to individuals.
Yuqing Xiong
Does renting out a property cover the expenses?
28 February 2024 | 12 replies
Rents have not kept pace with prices, interest rates, property taxes, and insurance hikes in most growing markets.
Ryscha Williams Campbell
Fire Wall needed to Duplex my Single family home.
28 February 2024 | 7 replies
You can google the national gypsum association, USG, or UL listing for 1-hour rated assemblies.