Lara Ishtayeh
Should I wait to invest due to economy?
Hi Everyone,
I'm looking for people's takes on the market and investing at this time. With a recession creeping in soon, should I wait to invest in a duplex? I've been looking for months but I've been told by some p...
Chad McMahan
Buyer boldness upswing- Boom!
Last week and this week, I've been seeing a significant upswing in buyer activity, which is reducing inventory. My listings have all gone into contract and my buyers have almost all pounced on high cash flow STR (shor...
Doug Smith
Interest Rates and the Middle East
I know that for some of you this will be elementary, but many on BP are not in finance. If you would have asked me a week ago (after hearing Chairman Powell's most recent comments) I would have bet that rates would co...
Kelly Kormos
Cash out Refi Primary to Pay off Rental?????
Hi BP- I need some advice. I have reached out to my CPA and lender but wanted to see if anyone else has done this and if it would a long term smart decision. or if anyone can offer any insight that might help us mak...
Henry Lazerow
Still doing 10% down loans and just got a 6.75! Share your rates?
Curious what other BP members and realtors are getting for their client. Would be great to share contacts.Just did a 10% down on a 4 unit at 6.75% with an ARM. Got another client just quoted the same for another 4 uni...
Dave Rodney
Refinancing advice for current mortgage
What is the likelihood that a bank would advise someone not to refinance and wait for the interest rates to decline? Does that sound suspicious?
J. Martin
Go Refinance Again!!! 10yr Treasury meteoric drop the last week!
Call up your mortgage broker! Get your documents together!Average 30yr mortgage rates have dropped from around 4.0% at the end of 2015 to below 3.6% being quoted today. That's 40bp in a little over a month! We are now...
Lynn Z
Extreme low ball appraisals?
BOA sent an appraiser through First American to my rehab. It had sold for $212,000 the previous summer. I paid $160,000 for the home because no one wanted it. Applied for refi of $115,000 Appraiser met me at the h...
Kez Strong
USAA Financing & PMI
Has anyone ever used USAA to finance their house-hack multifamily? I have them as an option thanks to my dad being a veteran and the rates and bundling makes them look like a good option.Also does does anyone know if ...
Mike Furda
Local Bank recommendations in Cleveland
Does anybody have a recommendation on a local bank to work with in Cleveland or surrounding suburbs? I am looking to purchase my second property in 2021 and everyone stresses how using a local bank can provide advanta...