Keeya WangJones
Low interest rates, upfront cost, and points
Hi,
Can anyone explain how some lenders are offering low interest 3.5-4% but I need to pay for points or upfront costs? What does the points actually do? How does this method of lending affect a 30 year fixed?
Cheers!
Brian Garrett
Cash vs. Lending when just starting out
I have a fairly basic question that hopefully some of you more experienced investors can help me with. Let's assume someone is new to investing, preparing for their first deal and they have $100k cash (for simple n...
Account Closed
[Calc Review] Help me analyze this deal
This is my first small apartment building that I'm working on for buy and hold. I would love to get your feedback and comments in event that I'm missing something.It's a 7 unit building and each unit is 2/1. There are...
Lanita Woods
Potential Tenant with a Question for Property Owners
I was interested in some advice or suggestions on a property I was interested in. To get to the point, I viewed a home for rent that me and family really liked and I wanted to ask the owners if they would be willing t...
Sam Dogen
Why not charge less?
As a real estate investor, one of the main reasons why I've been reluctant to sell is the 5% selling commission fee. When the internet has compressed commissions everywhere, it's amazing people are still willing to pa...
Peyton LaBarbera
How can the location of a property affect cap rate?
I was hoping someone could help me understand first... What types of locations are lower cap rate properties generally found and why?And... What vice versa for higher cap rate properties?Thank you,Peyton LaBarbera
Mike Park
ROI analysis in 38115 SFH property home
I have a 3/2 sfh in 38115, Memphis, TN. It is doing okay at the moment. I am getting ROI of 12.88% at the moment. 1) Any advice on the ideas to improve ROI for the next home purchase?2) Is there any risk going forward...
Christen G.
Refis: HELOCs vs. Cash Out?
Hi all,We're working on re-fing three small multi-families that we're holding that have higher rates and ~$300k in combined equity! In the COVID-19 financing climate locally, we're seeing higher interest rates for inv...
Aaron Hunt
Buy points for refi ??? What am I missing here ???
Guys
What am I overlooking in my calculations ??? Please help.
Question on wether I should buy points to lower my refinance rate OR not.
O/S Loan of $502705
I have two options:
Option 1 - Refi Rate: 2.375 (No po...
James Higashino
Property In Michigan Question
I have a property im looking to purchase but do not know if it’s right. Looking for some advice.the property is in an, “okay” area. The bottom half is rented out of the duplex but the top is not. The problem I run int...