Shiv Dutta
Analyzing property excel, please correct my formulas
Hello everyone, I use my excel (which I am working on from sometime now), to analyze properties. I am still working on it. :)https://drive.google.com/file/... this is for a sample property report from my Excel.Can you...
Mike Richards
Delayed Financing Exemption - appraised value or cost?
Say I buy a home on 50+ acres using money from IRA 60 day rule, personal bank loan and maybe a loan from a friend. This would either be a rental or 2nd home. If I separate the house from most of the acreage, and cas...
Corey Dutton
What Are Typical Interest Rates on a Hard Money Loan?
When we talk about loans, especially Hard Money Loans, the lender’s interest rate
easily falls between 8% to 18%. The borrower’s credit score has weight on the
interest rate even with hard money lenders. The property ...
Josh Raikin
Refinancing (with current high interest)
Interest rates are quite high now (>5.5% 30 year fixed) I'm finding. Even without a guarantee on if/ when they'll go back to how they were a month or two ago (~4.3% 30 year fixed), if I were to invest now using a c...
Joe Stout
Buy and Hold Long Term rental
Investment Info:
Townhouse buy & hold investment.
Purchase price: $180,000
Cash invested: $51,864 ($37,000 down payment) + Closing costs & pre-paid/escrows
Very well maintained 3 BR 1.5 bat...
Jason Macht
Deal Evaluation Advice
I'm relatively novice still, with only two deals under my belt and currently I'm evaluating an off market deal that happens to be right next door to my existing rental. My challenge is gauging whether or not I'm being...
Bianca Miller
Landlord is on the fence about renewing lease or selling
hello everyone. I need some advice on how to approach my current situation with my lease.Our lease on our house is up on May 31st. My landlord says that she is still deciding whether to refinance the house and renew t...
Matthew Masoud
Closing Costs Seem High
Hey guys,Is it just me or are these closing costs high?Closing costs of $15,000 on a $150,000 mortgage? Thoughts?
Stephen Senna
30yr fixed investment loan Louisiana
Hello. Been browsing for quite a while and learned a lot but trying to narrow down my options and appreciate any advice. Properties are located in Louisiana and owned out right placed in LLCs. One is a Single and o...
Mike Smith
Refi 30 to 15, Reasonable closing costs, Reasonable rate?
Hi all,I have a 30 year fix rate mortgage on a primary residence with a HELOC. I see 15 year teaser rates all over the place "less than 2%..." Each place I call the rate always ends up being around 2.4+/- and I'm fin...