Am looking to take out a HELOC on my rental property (mortgage free) for about $70k for repairs. The property value is about $725k. I have been offered a HELOC through a local credit union based on the One Year Treasu...
Am looking to take out a HELOC on my rental property (mortgage free) for about $70k for repairs. The property value is about $725k. I have been offered a HELOC through a local credit union based on the One Year Treasu...
My goal is to quickly valuate apartment buildings with current accurate data. (i.e. interest rates, insurance rates, future taxes, future expenses, etc.)I'm trying to determine what the commercial loan interest rate w...
I have about $360K liquid available. I have no real estate investments. If you were in my position, what would you do? Invest in a single family, more than 1 single family, multifamily, etc? Looking for some diffe...
My wife and I currently have three Ally savings accounts:
1). Emergency fund (4 months or so)
2). Investment savings (automatic contributions each pay period and dedicated to investments outside of our Roth/401k’s)
2...
China is flexing its muscle. It seems that they are fed up with the reckless spending and massive deficits and they are going to play hardball. Things could get very interesting.
There's a new power in internationa...
Does anyone know what a typical LLC will cost to form (in total)? I live in NJ but am willing to set it up anywhere as I believe that doesn't matter, right?
What Happened to Rates Last Week?Mortgage backed securities (MBS) lost - 78 basis points from last Friday's close which caused 30 year fixed rates to move higher from the prior week.
MBS were under pressure a...
Hello my fellow investors. I'm in need of some guidance. I'm purchasing a commercial property and the rate that I got was 5.79 for 3 years then then resets base on the us treasury rate. People Re telling me the rate i...
In recent weeks my mortgage rate quotes have gone up from 4.375 to 5 for a conventional 30 year 20% down mortgage in Memphis, Tennessee. Have rates really gone up? The two that I am speaking to say they have gone up. ...