Christian Paulson
Help on my next deal
Hello Everyone,I bought a single-family home in Portsmouth, Virginia for $180k utilizing the VA loan back in 2020. Since then I've rented it out for $1500/mo. I utilize a property manager, so I cashflow about $300/mo....
Jeff G.
Is it possible to start investing with only $100k in this market?
Is it possible to start investing with only $100k in this market? I keep looking at potential BRRRR properties on Zillow and thinking "the numbers just aren't going to work." Most of the wholesalers I know have suspen...
Scott Trench
More Riffing on Mortgage Rates (I think they will keep ticking up!)
As we enter 2H 2023 and head into 2024, I expect mortgage rates will increase and eclipse 8% on average. First, I expect the federal funds rate to rise one more time by 25 bps, to continue to rise before settling in w...
Bryan Paul
Mortgage Rates
Hi All,I am looking to pull an FHA loan and I've noticed the rates have jumped after the election. Can anyone provide any advice on whether they will keep rallying or this was just a knee jerk reaction that will soon ...
Thomas Lee Nuckles
Interest rates, are they the same?
Should I shop around for a better interest rate or take the first offer I get? I know they run my credit every time and I don’t want to keep taking hits but at the same time if I get a good lender then I’ll stick with...
Alex Billips
I need best rates and terms for flip purchase, I will fund rehab
I have a 730 credit score just finishing my 4th flip and have cash to fund all rehab cost. I have a great team of contractors in place to complete the rehab. I’m looking to step it up to at least 10-20 flips a year. I...
Richard Warren
Fed Cuts Again
The Federal Reserve cut the Federal Funds Rate to 4.50%
See story:
http://biz.yahoo.com/ap/071031/fed_interest_rates.html?.v=14
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James Barras
30 year financing options
I see that quite a few people have purchased properties with 30yr mortgages. All of the banks that I talk to will only do a 20yr mortgage on a loan that is in the name of an LLC. They will do a 30 on a personal mortga...
Antonio Signorelli
Are mortgage delinquency rates going to increase in 2024?
Hi BP friends!I am curious to hear your thoughts on the real estate market outlook for 2024. Specifically on whether the high interest rates will lead to an increase in mortgage delinquency rates similar to what we sa...
Chinmay J.
Have the rates gone up that much...
So wanted to ask the community what's the current mortgage rates for 30 yr fixed, conventional, investment loan w/ 25% down In July, I bought a duplex and got 30 yr Fixed for 4.875% I was just quoted 5.5%. Same exac...