Hi All- Patrick Himes with NRL Mortgage here……. A lot of questions still remain, hopefully we can answer a few of them.
Is now a good time to buy or refi?
I’m going to wait until prices come down.
Is this a hous...
For purposes of an investor doing there due diligence and also for situation where a seller has no clue what they owe, interest rate, monthly payment amount etc.Since mortgage notes recorded in the public records does...
Hello investors!
The average mortgage rate for a 30-year fixed is 6.58%, more than double its 3.22% level at the start of 2022. Do you guys think that cash-only deals is the new way to invest?
I own a handful of properties with ABC Capital and Jay Walsh in philly. I have owned them for about 3 years.They stopped paying rent to me near the beginning of the year. They would still collect rent, but not pay it ...
I am 24 years old and in contract on my first real estate deal which is a duplex in a B neighborhood where I will be occupying one side and renting the other. Purchase price of the duplex is $185K and will need rough...
Hi All! Newbie here with a goal of a first purchase by EOY 2024. I'm a married, mom of 3 girls 9 and under. My husband and I make a good income from our W2s, as well as have been part of a few great investment oppo...
This past week the FED indicated a pause in their historically paced rate tightening cycle.
The pause in rate increases should have the effect of eventually lowering mortgage rates.
I have written extensively abou...
Hello! I am in the middle of my pre-approval process and my plans have encountered a bit of an obstacle.I was planning on using FHA as a first time home buyer with the goal to owner occupy a duplex. This financing opt...
Hello I have been watching a lot of bigger pockets podcasts. I am from Lapeer Michigan I am 23. I am looking to purchase my first rental property here in the next month or 2. I have my credit where it needs to be have...
Thoughts?I am trying to explain that because I’m 25 and make $200k-250k a year (mostly from flips) that using a 30 year mortgage on my 1031s for the 2-3 rentals a year— makes sense?they are insistent that 15 years is ...