Curious to know what everyone uses for their go to lenders? I mostly buy small multifamily 2-4units in the Syracuse area. Rates are all over the place on 15yr mortgages....some as high as 5.375%. So who is the best...
Hello my name is Michael Stinson,I'm a long time listener of BP and have recently found my way to the forums. I have been working with a realtor for a couple months now looking for a live in BRRR and I've had trouble ...
Hi all, I purchased a primary about 18 months ago. With mortgage interest rates so low, I'm considering refinancing. When I run the numbers it seems like a no-brainer. I plan to remain in the property well beyond t...
I have 2 condos in the san diego area that each have about 150-200k equity. One is rented long term and cash flow positive. The other will also be cash flow positive based off what current trends are showing in the ar...
Afternoon Atlanta! You might not have the time to read and keep up with real estate news, so feel free to keep up with my post. I'll share what I read as much as I can. Published Wednesday January 18, 2023 by CNBC, D...
Todays 30 year fixed rate mortgages are an astonishing 7.1% Based off that I am finding a lot of properties that, if at a 3.5% interest rate, would have a great 9% C on C return. Unfortunately at 7.1% I am seeing basi...
Hi All -
Frequent forum lurker, first time poster. Need advice on getting starting. I have a decent amount of capital stored for a purchase, however, as we all know, interest rates are high and deals aren't pencilin...
Is rehab/rent a less realistic strategy now?
Thoughts from this group - do we expect to see the rates go up specifically this year for multi-family?
We are closing in about 3 weeks. Mortgage rates dropped today to 6.125. Would you recommend we lock in now or wait until it potentially gets lower?Any advice would be greatly appreciated!Thank you,Judy Wachsman