Lower interest rates can have a significant impact on various sectors of the economy. On the positive side, lower interest rates can lead to increased borrowing and spending, which can stimulate economic growth. Consu...
Hi all,There was a property i was hoping to perform a BRRRR strategy, but realized rent is not high enough to support mortgage on 75% LTV to yield enough positive cashflow after cashout refi. the cashflow is like $30...
I'm a St. Pete based RE agent looking at purchasing rental property in the area. I'm having trouble making the numbers work due to the surge in home values following the pandemic paired with higher interest rates is m...
Own 2 properties free and clear maybe 600k in equity no outstanding loans excellent credit rating Looking for advice on what would be my best loan type for short term loan of between 50 to 100k ?I'd be paying it bac...
Hey All,
I have a multi-plex that will auto renew next month. The insurance is not escrowed so the bank doesn't require me to have it. I was wondering are there any other drawbacks (asides from not having insurance ...
Good Morning
Im looking for the best way to partner my llc with my sisters 401k.
We are thinking of buying the property in the 401k and when the property sells the 401k pay my llc any thoughts on thi...
I live in California, and just learned I'll be relocating out of state. I'm about $100k positive in equity on my home as of now.My first instinct is to sell, but here are some other thoughts I have towards renting:1) ...
Hello,
I was made aware that there is a product called a SOFR DSCR refi... it's an adjustable rate refi. Can anyone with experience w/ these types of loans comment on: pro, cons, experience and lender used.
thanks
Hello,We are in talks to buy a portfolio of rentals from an individual who's spouse recently passed away. They are considering doing owner financing and we have been talking about possible benefits or drawback for eac...
l am planning to purchase 2 properties. Is it possible to take a combined loan (one loan) for both built into one loan? by that saving some loan fees and overall closing cost?
I have heard, it is not possible given t...