Josh Sou
New Construction Subdivision in a Mediocre neighborhood
Hey there. I recently discovered new construction subdivision that was built in the middle of a neighborhood that averages comps of about mid 300s. I was wondering if the new construction being built in this location...
Jonathan Olivares
How to get into a deal with investors, and get them out?
I was wondering, what are some strategic ways I can get into an apartment deal with debt-investors, and get them out as quickly as possible? I was thinking pay high interest for a while, then cash out refinance them o...
David Raskin
Qualified real property business indebtedness
I invested in bare land to develop. I have a full time job. I had to give back some of my lots and I am looking at substantial debt forgiveness. Can my debt be considered qualified real property business indebtednes...
Jim Wollmer
Cap rates in Kenosha
Does anyone have experience with cap rates in Kenosha? Given the Amazon fulfillment center development, I would expect property values have increased and cap rates have decreased. ThanksJim
Steven Cole
SFH Conversion to Multifamily
I am looking at a SFH that has been converted to a 10 unit multi-family home. It is zoned for SFH in that area. What is the risk for purchasing a multi-family property that is zoned for SFH? Could I be forced to conve...
Felix Stone
Should I mention my current LLC loan in new LLC loan applications
Hi - I have a loan in a LLC currently where I have given personal guarantee and now I am applying for a new LLC loan with a new bank. I know LLC loans dont show up on my personal credit.
I was wondering if mentioning...
Sarah Humbargar
Financing a property for demolition and re-development?
Does anyone have experience with properties that you are buying with some form of financing where the main structure will be demolished or moved? How does a lender manage the short term decreasing collateral value dur...
Nathan Malka
First time home buyer
The 30-year fixed-rate mortgage continued to drop this week, heading back near the 3% range.The 30-year fixed-rate mortgage averaged 3.04% this week, Freddie mac reports. Mortgage rates are still below a year ago and ...
Tom R.
Are odd shaped houses difficult to rent?
Im looking at a house that has an unusual shape. I know odd shaped houses are difficult to sell. This one has been on the market for almost 5 months. Are they as difficult to rent out as they are to sell?
Hyeseong Park
No prepayment penalty vs 3 yrs vs 5 yrs for current market
What is the best option for prepayment penalty you think these days if I want to go with DSCR loans?I assume that there is a big chance that the rate can drop a bit more due to elections at the end of next year so gov...