Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
A lot of California investors have talked trash on BP about how much they make on appreciation. I just wanted to post some data to back up that trash talk! lolSince 1980, you've made 350-800% in cumulative asset appre...
Hey there, Does anyone know what area(s) to stay away from in Bakersfield? I'm starting to look for a potential multi family prop. Any and all information would be useful. I've seen some properties in the Oildale area...
Looking to pull out a HELOC on an investment property. I know most places don't do HELOC on investment but I heard people were able to pull a HELOC on their rental units before. Let me know if you know anyone in Atlan...
Economic Update
(Monday, September 14, 2020)
A majority of Los Angeles households face serious financial problems due to the COVID-19 pandemic, with Latinos and Black residents bearing the brunt of the economic pain...
Economic Update
(Monday, September 14, 2020)
A majority of Los Angeles households face serious financial problems due to the COVID-19 pandemic, with Latinos and Black residents bearing the brunt of the economic pa...
Hello,Any tips on finding a lender that will do a HELOC on investment properties? I live in Kansas City and the couple places I’ve reached out to so far only offer them on primary residences. Thanks!
Any advice on obtaining a HELOC on an investment property in the current lending climate? Mortgage rates on investment properties are higher now than last fall! And I would know, because we did a cash out refi last ye...
After extensive research on HELOCS, I found only one bank (or credit union) that offered a HELOC on rental properties. They only allow a 60% LTV and a rate of 6.125% based on prime of 3.25 plus margin of 2.875. Is th...
Good Afternoon,
My self and a business partner own a portfolio of smaller multifamily properties (2-4 units). We are looking to expand operations and thus are researching the lending market for line of credit opport...