If my expectation of the interest rate is that it will be lower than what it is now by 2027-2028? Should I take advantage of the lower 5-year ARM rate now and hope to receive an even lower rate 5 years later?Or take a...
I reside in my owner occupied duplex and rent out the other side. The back door has windows that, when broken, would allow access to the interior thumb latch deadbolt. Thus, someone wanting to break in could easily ...
Hello Everyone, I am a newbie and about to make an offer this week on my first rental property (duplex)! I have a couple of options for financing that I would love to get some advice on. To keep it simple I basically ...
So what are some good strategies that can be use when someone is working on a project & they run out of money to finish? Like let’s say you purchased the property for fifty thousand cashBut you need another fifty ...
I got a call from a friend of mine today who does rentals in another part of the country in a "nice" town. While inspecting potential deals he walked in on a dead rape victim.
Folks, when you're inspecting propert...
How can it be that a man with a GUN walked into the Holocaust museum in Washington D.C. and started shooting, when Washington D.C. has a gun ban? Did someone forget to tell this guy that guns were banned in the city?...
I'm wondering what investors are doing right now regarding interest rate terms. Example; 3 year is a bit less than 5 year. I'm wondering the risk/reward of locking in the lower rate for 3 years vs. 5 year if the diff...
Hi,
even though I really didn't want to, in the end I had to accept a condition of the seller to have adjustable rate on the seller's financing. There is a 4 year balloon, so I just hope that the interest rates won't...
Hi Folks,
I'm looking a buying a first position note for $150k UPB on a home with an apparent value of >$300K located in So. Cal. via the FCIxchange site. Its listed as "newly originated". I looked at the ...
I need to lawyer up, unfortunately.I have three tenants and one of the three has threatened another over an altercation of the internet bill. Basically he is refusing to pay and the one tenant said that he was going t...