K Bell
best type of loan in todays high interest market
Im going to be closing on a 3 unit building with conventional loan. best rate i could get was 7% with points. Should i consider an ARM even if initial rate is similar. My thought is rates are destined to drop in next ...
Jay G
Living Quarters
Hi everyone,
I have a few general question in regards to purchasing a house or condo. I’m twenty four years of age, an avid entrepreneur, which means I don’t have a substantial amount of time to dedicate into my home...
Rajiv R.
30 yr vs ARM
Purchasing a new townhome and received the following as best so far:- 6.875% 7/1 ARM- 7.35% 30-year fixed I am aware of the risks with the ARM and plan is to either refi when (if) rates drop, or sell around year 5 (al...
J M.
How to be the investor if they call you to list the short sale?
I have received a call to list a short sale for sale. I am an agent, but this home could be a great investment opportunity.
How can I make this work so I can buy it?
1 problem is that I would need an extra 150k to ...
Jess Pfiffer
Single Family Home Rehab-- Los Angeles, CA
Investment Info:
Single-family residence buy & hold investment in Los Angeles.
Purchase price: $370,000
Cash invested: $50,000
Purchased a 1920s home in the Los Angeles area which was a complete ...
Jennifer Salazar
Investment Property Funding Info needed
Hey everyone-I currently have 2 rentals that were conventional loans(since I lived in them for a year). I am working on my first deal using an "investment property loan". I have an accepted offer on a condo and I re...
Joey Bresette
ARM to Fixed Rate Mortgage
Hey Guys,
I'm currently getting my real estate license in California for when I go to school out there. I'm in the last section of the pre-licensure course going over adjustable-rate mortgages (ARM). In the explanati...
Malcom Smith
Mortgage Payoff Math (is Awesome!)
Hi All,I'm doing the math on the benefits of investing 2K a month into paying my mortgage off early and it looks too good to be true so I'd really appreciate others thoughts on my math:$755K, 28 yrs remaining on a 30Y...
Jonathan Greene
The New Forum Trend of Fragility and Trolling
The forums here are always a mixed bag, but recent occurrences have unveiled a new low in trolling.
It's commenting on comments and then attempting to gaslight.Multiple times now, someone has commented on either a po...
Derrick Sakai
Types of Mortgages: Basics
When mortgaging or refinancing property, there are three types of mortgage options that you can choose from. These are the three basic mortgage options:
1. Fixed Rate Mortgages
2. Adjustable Rate Mortgages
3. Balloon ...