Hello guys.. so I have a quick question. Your help and guidance is greatly appreciated. SO... I am looking at doing a new construction loan. I have 3 options. 1. Freddie Mac, 10% down 90% loan. and i can pay 2.00% (5,...

I am in the inspection period for a 2-family where the owner lived on the lower level and rented the upper.  The electrical is split per unit but there is a single furnace and hot water heater for the entire house.  T...

I have a property under contract and the seller is selling it lower than what we signed for. They are asking what are my commissions and fees. Because I am not a licensed  agent I cant accept commissions, correct? Do ...

When you look at multifamily building, how to use “Built in ____” information?Is there any rule apply to this?- Building older than certain number value less?- Cap rate will be different when exit?

I purchased a home (not official but offer accepted, inspected and appraised, closing May 1)The purchase price is $269,900, and the appraisal came in at $291,000, which kinda shocked my agent and I. Does this mean I h...

Hello BP,I recently closed on my first buy and hold rental! It's an over/under duplex with a shared basement and is fully occupied.I have very quickly come across my first "issue" with the property. The shared basemen...

We were quoted 4.75 apr for a 15 year mortgage. The lender said rates have been going up.  This is confusing because the fed has been lowering rates.  -4.75 is well above the average 3.02 posted on other sites that ag...

Hello,I own a duplex each unit has separate meters so that each unit gets its own electricity bill. However the entire centralized AC system is wired and  billed to the top floor ,the bottom floor has window AC unit a...

Is it recommended to refinance a home to purchase a rental property but continue to live in home with new rates?

Hello guys,My business partner and I just had our construction project completed by our developer with a condominium building consisting of two units (one unit has access to its own rooftop and another unit does not h...