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Hello all,
I am trying to decide if I should jump on the historically low rates currently and refinance my SFH rental. I put financing on it last year (15-year fixed) at a 4.375% interest rate. The rate I currently...
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How many lenders does one get interest rate and closing costs quotes from before deciding on which one is the best and which one to go with?
Investor looking to make a couple moves this summer but finding prices to be unrealistic for the areas I’m looking in. Anyone else feel we are headed for a correction and maybe I should wait for a drop? Thanks to all.
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Hello all! Long time lurker, first time poster! I have learned so much from these forums and feel like I am ready to jump in!I currently have 2 LTRs but I want to get my feet wet in the STR market! However, these fe...
Hey, what's happening? Home Sales are down, down, down! I thought this was a real estate investing site.
Did you know that if you don't BUY, BUY, BUY it crashes the real estate market and that looks bad for the econo...
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I am looking at potentially moving into a property that is currently a rental and refinancing the first lien with a HELOC. This would give me a LOC against the property, drop the rate below the current rate, and do so...
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We purchased a 1b1B w/basement co-op unit in NJ in Jan 2019. Loan term was 15 years. We refinanced (15yr term again at a lower rate) in November 2019, since the rates had dropped significantly. We plan on living here ...
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Interested in thoughts on the following cash-flow related topics:- I've developed a spreadsheet that calculates cash flow both before taking into account the depreciation tax benefit and after. Do folks generally tak...
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If you are still in the rehabbing business, are you using borrowed funds or your own money or joint venture? If not your own funds, % for JV or rate you're paying for borrowed funds? After paying for borrowed funds , ...
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Hi, :woohoo:
As predicted, mortgage interest rates closed their latest rise, as muted economic data trimmed the rising pressure of earlier weeks. The average 30-year fixed-rate mortgage (FRM) drops a single basis...