I have a mortgage loan for 703K at 2.875 interest (7/1 ARM, still 6 more years left) - I am paying $2988 I have HELOC for 90K at 5.25 variable rate, i am paying $370 per month (interest only)I have two options now 1. ...
Our company owns and manages two multifamily properties: 84 units (28 triplex buildings) in one location and 27 units (9 triplex buildings) in another, all in Northern California area, in secondary markets (not San ...
I'm looking around for a portfolio lender that will finance me for a non-warrantable condo and finally found one. The condo is in the $175-200k range. They offer a 10/1 ARM with a 30 year loan term at 4.25% with 25% d...
Hello all,As I move into my own real estate once endeavors and learn about DSCR loans, Private and Hard Money I try to spread this knowledge to Real Estate clients of old. One client has a duplex here in Oakland and i...
Hi Folks!New to real estate investing. My lender told me that the rates changed again this morning (80 basis points), so looking for recommendations here on which option is more sensible - using HELOC to buy all cash ...
I'm in the market to acquire a 10-unit apartment building with a purchase price of $950,000. I find myself in need of a loan or lender who can provide a 25/30-year amortization with a fixed rate for the entire term or...
Looking to get a HELOC on my personal home to invest into my first STR. I’m stuck in picking what the best payment method would be. They are trying to get me into a fixed rate at 7.25% and the variable starts at 9%. M...
Hey BP,How do you approach 0% down seller financing? Long story short, I'm in a position where seller financing is an option, but I'm afraid of losing a deal by suggesting 0% down at too low of an interest rate. My qu...
I have a rental home with approx. $87k remaining on the mortgage (6% rate, 20yr, currently at month 57 of 240). I will be receiving approx. $91,500 tax free; more than enough to pay off the mortgage immediately.
I wa...
Dear, BP fellows,
I have been looking for investment property loan info for AL and recently get quoted with 30years interest rate 7.625% with 2.125 discount point. So for a property around 200k 20% down, right off t...