SUMMARY OF FED DECISION (7/27):
Raising interest rates by 75 basis points unanimouslyAnticipates “ongoing increases” in ratesAffirmed plan to raise QT caps to $95B/monthSpending indicators “softened”
The Fed is sen...
Hello Everyone, I am a newbie and about to make an offer this week on my first rental property (duplex)! I have a couple of options for financing that I would love to get some advice on. To keep it simple I basically ...
Hi All,I have seen news about a few Banks are failed due to interest rate hikes.Can someone explain how interest rate hike affects the bank?What is the reason for SVB, the first Republic, to fail? Trying to understand...
What are the mortgage options for a duplex purchase with 5 to 10% down outside of FHA. It will be owner occupied. I have no credit issues and can have reserves of 6 mos.
If you haven't heard already, the federal reserve raised rates yesterday by 25 basis points & they are projecting to do 3 more rate increases in 2017. If you're an investor with a HELOC out, this is the time to ro...
Hi all,Was hoping for you some advice/answers to my many questions. I am planning on House Hacking by buying a Triplex in Oakland and then occupying 1 of the units, renting out the other 2. I found the perfect proper...
I am seeking a loan, and I have a few options between a private lender and a regular bank. The terms are similar. What are the pros and cons of each?Will the private loan show up on my credit?And lastly, what are the ...
We currently own a two family home and have a family of four living upstairs. The youngest whose around twelve years old loves to run around and bounce a ball off the hardwood floors.
We understand what we got oursel...
Hello good folks of BP,My wife and I will be closing on our first owner-occupied rental property (duplex) in May 2019 and I'm trying to do as much up front leg work as possible to prepare for us being new landlords. ...
Economic Update
(August 3-7, 2020)
It’s 2020; a crazy C-R-A-Z-Y year. We are in the land ...