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Newbie investor:
Thoughts about 10% down with 3 points versus 25% down with 0.38 points, 30 year conventional for a STR? This is for a $255k loan, plan to buy and hold. Not turnkey but no major rehab- mainly cosmetic...
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Is it recommended to refinance a home to purchase a rental property but continue to live in home with new rates?
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I keep seeing a lot of posts with people noting “interest rates are high”.Just want to say, no they are not. I don’t need to post the charts here as a simple google search will note this. Last decade interest rates ha...
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Would military members able to utilize an AirBnB with BAH money? Hoping to set up an AirBnB near an air force base that would primarily serve soldiers on short term assignments. I read an article stating that DoD rest...
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So I discussed getting a loan on a commercial property (8 units) and he gave me a "soft" approval with values as 30yr fixed and around 4% interest. I spoke w/ him again today and he said it would not be that. I guess ...
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Good Morning...I'm closing on my first investment property and opted for the 3.75%, 7/1 ARM, over the almost 1 full point higher 30 year fixed. What do you typically do, when using conventional financing on a deal, a...
A friend and I have formed an LLC, and finally found a duplex. We have spoken to a bank, who offered a 20 year ARM. We then spoke to a broker who suggested we do a conventional loan in one of our names, and then chan...
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Hi guys,
I have my primary with a mortgage that I owe $113K at 3.75% but it's an FHA loan and paying about $77 month on the FHA insurance that is for life. I also have a HELOC tied to this house, I owe 48K at 4.04%, ...
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Should I create an LLC to buy my first rental properties under? Are LLCs necessary for real estate investing? I plan on growing my properties each year and want to keep them under the same LLC and grow the company whi...
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I purchased a home sub2 that was a pre foreclose. The bank is offering 2 options for modification. I pay $14k and keep 3.5% interested rate and $1900 payment or no upfront payment put interest go to 7% with $2500 paym...