I took out a HELOC to buy a rental 8 years ago, unfortunately it's adjustable and has risen 6 times in the last 7 months.  I am bailing water but the flood is faster.  This is complete insanity.  I have no w-2 job, ju...

Hello everyone, My business partners and I are looking to purchase our first flip. We have been recently looking at a few properties and had comps sent to us but, adjusting them have proven to be a challenge. The issu...

Millennials buying homes are increasingly opting for adjustable-rate mortgages. An nice ready from JUMBO JUNGLE - Mortgages Undergo an Attitude Adjustment

I come from more of a commercial background but now only residential. Typically, in Commercial leases you have yearly increases based on the CPI.. right now it's 6.2% for the last year!CPI Home : U.S. Bureau of Labor ...

I'm in an LLC and we jointly own a 5 unit multifamily property.  One of the partners is interested in selling their 2/5 share and I'm interested in purchasing.  To facilitate this, we had an appraisal done on the 5 un...

If I buy a house as subject to which has a adjustable rate how can I turn it in to fixed rate? Is there any way?

Hello! I have a roof that was damaged by a hail storm and am exploring the possibility of filing a claim with my insurance. Can anyone recommend a good public insurance adjuster in Kansas City, MO that can possibly he...

I purchased a property at the height of the market in 2005. We lived in the property for 5 years and started renting it in 2010. Original price was $445k but in 2010 they were going for more like $360k. My tax guy tol...

Hey everyone!
I have been on the search for a 5% down payment option that excludes paying PMI. I came across a 2.99% APR, 5% down option, with NO PMI through a local bank, however, it is an adjustable rate mortgage t...

Should I mortgage three single family properties to pay down a commercial mixed use adjustable rate mortgage?I have a mixed use commercial property with a 20 year amortization and 5 year adjustable rate term mortgag...