Closing on a triplex in Ohio City and my current lender is trying to charge me 1% origination and 5.375% fixed on a 30 year loan. Purchase price of the deal is over $300k and my lender claims it's the best rate I'm...
Hi All, I am new to multi-family investing, is it advisable to do the first deal on a LIHTC (Low Income Housing Tax Credits) apartment complex? What are the pros and cons? Do we need to pay fewer property taxes if we...
Hello,I’m in the market for a Home Equity Line of Credit (HELOC). My preference is to establish a relationship with a bank or credit union which sells their mortgage loans to Freddie Mac. According to #AskBP 095, Fred...
Hi everyone,I’m looking for advice on how fund downpayment/ closing costs for rental properties to maximize the amount of units I can buy per year.Should I save the cash, use personal credit of line, home equity ( I o...
In short, I don't think so. If you don't agree, please provide some insight and fill me in on what I am missing. There are two big clues that a foreclosure wave is not imminent. The first clue is in the first quarter ...
Hello again. I am looking to purchase a 2 door MF investment property in Florida under an LLC. I do not have the LLC formed yet. I am very confused about whether it is best to pay cash (which I would not have to b...
Hey everyone! Today, I want to get a great discussion going. Let’s discuss the range of tax credits available for real estate investments and how they can significantly impact investment returns. A couple of my favori...
I am wondering if there is a company out there that will help you find energy credits (I.E. green energy credits, solar rebates etc.) for a fee? We have quite a few projects with land that we want to add some solar pa...
Any ideas?
I'm sending this batch to preforeclosure properties with auctions in the next 30-60 days, both high equity and low.
I'd like to keep the message a little different from my basic, no frills "I...
I have a timeshare that I have been paying for since 2003 and have not missed a payment nor have I been late. I am sure this will boost my credit score dramatically and I would like to know if there is a way to add t...