Hey everyone,Exploring financing options for a duplex in New Haven, CT. The lender my agent put me in contact with is telling me that rates for an investment property are currently low 7's with 2 points. 30 yr fixed n...
Hello everyone,I am looking to find a lender for my first investment property. Does anybody have any suggestions on a good lender that they've used in the past? I prefer local credit unions or banks.
So I have been using local FCU in Norfolk, VA to do my deals (buy and hold). 10% down and rates were 3.25%. Well...unfortunately, NCUA has now ended that program for me and FCU I was using discontinued their program...
With the historically low rate that we are receiving right now is anybody else refinancing their properties. I spoke to my main loan guy and he told me that yes the rates are low but you are going to have to pay point...
Curious if anyone else received this same email from VRBO today:"Subject: Vrbo property rate discrepancy error – action requiredDear Partner,We're reaching out to let you know that we recently discovered a technical e...
I am wondering what would be the best scenario to get the best rates in a mortgage:
Either contact as many banks as possible before starting to make offers or contact them after your offer has been accepted and you h...
Hello BP,
I have several multi family properties in SF (2-4 units size), all were purchased as primary residences when the insurance policies were taken out.
Like most folks here I'm looking to reduce c...
Hello Folks
I may need DSCR loan for a new construction with the DSCR being under 1. Whats the ongoing rate with this scenario and fees?
Im sure everyone in this forum has seen or been contacted by "Private Lenders" on Facebook. I was recently offered this...Terms are flexibleJohnInterest Rate: 5.5% (Buy and Hold), 8.5% (Fix and Flip), Cashout/Refi (4....
Hey guys, I was just looking around at real estate around the Bristol / Southington area and saw this 6 (says 7 in description but listed as 6) unit multifamily in Terryville. It claims to be turnkey and is 100% rente...