Are these good ARM loan options for multi-unit investments properties?A) 5/1 ARM – 20-year Term; Up to 30-year AmortizationInterest Rate Options:1) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.00% + 1 point2) L5 R...
When doing market research, what does historic absorption, forecast absorption, and year to balance mean when selecting. a market? Thank you.
I've heard about NFCU rates fluctuating with the market. Is this a problem and should it be a deal breaker?
Question:What happened to your mortgage / loan when you finally get the house, and how is it related to the federal funds effective rate? my very base level understanding is that your mortgage lender sells the loan an...
I’ve been renovating a 16 unit apartment in Pittsburgh for the past 6 months and things are going well. I’m renovating individual units (kitchen/bath/flooring/some painting) and I’m able to increase rents $150-$300 pe...
looking for some opinions on an idea. im checking on a few arms. one that i like particular is a 30 with 10% down at 4.64 apr. 5 year lock ins with no more than 2% change with each change. if i use this to purchase a...
We recently elected to put a 15yr mortgage on a duplex we are buying for our first rental property, and have decided to change it to a 30yr. When electing to change, is it common to keep the rates that you had when yo...
My husband and I are in the process of buying a duplex. The loan should be closing soon but I received another document to sign that is trying to charge us over $1000 more. It had already raised one time due to a high...
My wife and I are getting close to entering the real estate market as investors, we live in Canada but are planning on entering into the US market. If anyone has any insight or suggestions on whether to obtain lending...
There are a lot of mixed signals in all the real estate markets across the US.
Some say the real estate market is crashing, some say it’s not.
I think we can all agree that everyone is seeing changes everywhere.
...