How scary is it to have an adjustable rate? Could it shoot up to 15% interest like back in the past? I'm getting a 100% financed sba loan for an office building, and their rate is adjustable. There are hefty early pay...
Assuming one has 3 properties, each worth @ 1 million each, with a mortgage of 400k each. 1 building is fairly new, and 2 are older buildings. What kind of cash reserves would a typical bank want you to keep? Espec...
Anyone have a lead on a HELOC on rental investment properties right now in Colorado? Vectra and Westerra are no-go's right now.
Hello everyone! Nice to meet you all and introduce myself. I am currently doing an engineering PhD at Gatech, Atlanta. Seems like there are mainly business people here in the forum...so please don't view me as an alie...
We recently worked on getting pre-approved for our next SFH rental purchase and found out that the credit union we have been using requires 6 months worth of mortgage payments for all properties in our portfoio in cas...
We’re almost halfway through 2024, and the housing market is at a standstill. Mortgage rates are high, inventory is low, buyers have fewer choices, and many homeowners refuse to put their properties up for sale. But c...
With rising prime rates does that affect all lenders? Should new young investors be worried ?
Havent seen anyone reply on BP about the ramifications to landlords who dont want marijuana grown on thier property or in their rentals. I just bought a house in WA state, and with the passing of this law there is gr...
Hey all! I wanted to introduce myself. I recently left my corporate law firm (where I practiced (transactional) real estate law in CA) to pursue other interests and endeavors, one of which is investing in real estate....
Real Estate News in Brief
A string of favorable data (lower inflation, higher unemployment rate) has convinced the market that the Federal Reserve will begin cutting short-term interest rates in September, and mortga...