Need some advise on 20 year refinancing. I already am 27 months into my existing 20 year fixed mortgage term loan. Rates have dipped a bit now and I reached out to my lender if he can further reduce my monthly payment...
I'm looking at my first Mobile Home Park deal. I used the BP Rental Property Calculator. I have 8 duplexes, but MHPs are new for me. I've been trying to read and learn, and I'd like to pull the trigger on one. If ...
I've got until end of 2026 of a fixed rate period on a 5+ unit mortgage, then it adjusts for another 7 year period. Has been 4.5% since 2020, any crystal balls on where rates will be in 2 years? I mean it stands t...
Hi,I want to invest in a 4-plex property in Wichita, KS. How do I know for CERTAIN how much my annual property tax will be on a property?Thanks!
A few years back I was studying mortgage products and learning what other options are available for debt. One of the things that intrigued me was that ARMs can have payments lowered if you prepay the mortgage. I fou...
I'm just curious as to how other people define 'overleveraged'? How much leverage is too much? I would be afraid to have a balloon loan or a one year arm. I would be afraid to use hard money. But I do have a 20 year a...
Hello all,
I have a rental property at which the tenant just told me the AC is no longer working. The problem is the guy who installed the condenser and warranted it and who would give me the best price is out of to...
Hi Everyone!Who is the appropriate professional that I would need to consult about legal aspects and benefits of moving my rentals into LLC? I want to understand what benefits it truly brings since seems like my insur...
Currently I have a Strip Center with a vacancy that has been incredibly hard to fill. The unit is ±1,300 SF of retail space. Located on the elbow of the shopping center. We have had little to no interest. We have m...
Mortgage rates are about 6.9% right now, and have been trending downwards for 2H 2023.
There's a poll going on in these forums, and most of you believe that mortgage rates will decrease in 2024.
I'm not betting on...