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Hello, I plan to use a HELOC to buy an investment property in the next 2-6 months. PenFed bank has offered a 12-month 3.24% interest rate on funds that I draw at the closing table. I don’t want to pay interest on the...
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I am 2 days from closing a cash out $250k refi on my 2 family. My bank is offering 4 5%. I am disappointed, as the recent articles I am reading about the Fed's position are referencing rates much lower. My lender is ...
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The interest on a HELOC are paid on my present balances each month during my draw period? Or is my interest only starts kicking in after the draw period ends and whatever my balance is then? Thank guys in advance.
F...
So, let me start off by saying... I'm not a Real Estate Investor, and this is definitely is not my main expertise. Although, I've been trying to read up and have been reviewing BiggerPockets for several months. A very...
I am a senior in high school in Ogden Utah, and real estate has caught my eye these last couple of months. What is the best way to learn more than the basics? Books, websites, articles, or even actual experience? I ha...
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I have a 730 or greater credit score. Lenders in Columbia , SC are giving me a minimum rate f 5% interest rate and requiring 25% down payment. To the experienced investor, is there anything I can do to get my rates lo...
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I'm a big fan of data and came across this study and thought it was good news for us in case anyone else wanted to read it to forecast trends.
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Whats the going interest rate range? for performing secured notes in 1st positon? with at least 75 percent equity cushion.Aside for creating notes yourself. ( which has some limits due to Dodge Frank) what are some go...
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If I have personal loans from family and friends (to invest in real estate), can I deduct the interest I pay to them? I recently learned that there are some interest expenses that you can't deduct, and was wondering ...
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I'm looking for advice on the best way to proceed when multiple tenants are interested. My rental is in Minneapolis, MN. If I have a lot of people interested, could I ask the interested parties if they're willing to...