Montero Carney
Higher insurance rates for Coastal properties
With the recent hurricanes in Florida, is it still a good investment for coastal properties in regards to insuring the properties? By the water is always more desirable but wanted to avoid losing my profits to potent...
Aaron Valdez
Discount Rate Higher for Leveraged Deals?
I am looking at two proformas for one investment and noticed the following:
1. The discount rate is 10 percent for an un-leveraged investment on the proforma and yields an IRR of 11 percent.
2. The discount rate is ...
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The higher mortgage rates are offset….
Hi,
FL – Miami, Orlando
The average rates for 30-year FRM and 1-year ARM are much higher in Orlando than they are at Miami. The rates for 15-year FRM is also higher though the difference is not as wide as for the ot...
Adam K.
Appraisal fees - way higher than GFE
I am purchasing a split level duplex. Its a bank owned foreclosure. My good faith estimate (GFE) appraisal fee was $450. I just got my settlement statement (HUD-1) today and the appraisal fee is listed at $635! But it...
Russell Gronsky
Higher Yield Spread and the Economy
I was just reading a commercial RE blog and I don't understand the following phrase: "...with the widening of the higher yield spread, we will see higher cap rates."The article in full is here:https://www.globest.com/...
Brian Varmuza
Approved Short Sale Higher Then Owed
There is a house scheduled for a foreclosure auction in Florida. The total foreclosure amount was 205k (including principal, interest and escrow). This is the 1st closing and there is no additional liens. The house wa...
Robin L.
Offering higher commission to motivate realtors?
Hi Everyone,Currently I am looking for long distance investment properties, and I had made connections with few local realtors in that market during my last trip there. According to the brrrr strategy book by David Gr...
Aviv Berkovitch
Deductible higher or lower - rental properties
Hi, I always try to figure out what is better higher or lower deductible for rental properties. I have two offers: One offer: Deductible: $2,500 general issues and $5,000 for windstrom/hail damages. Annual cost: $485 ...
Matt Carroll
Cash Out Refiance with Higher Rate?
Hey Everyone. I just renovated both side of my first duplex and am in the refinance portion of the Brrrrr. I went to a few lenders in Spokane, WA and they said their interest rates on cash out refinance are between 5-...
Bill Plymouth
Realtor asking for a higher commission
Hey everyone. I’m curious to hear your thoughts. I’m in talks with a guy selling his investment property. I would be listing it. The property will go for about 55k tops. Obviously Small price equals small commiss...