Hi all,Was recently offered a commercial mortgage with the following terms. Interest Rate: 5.75%Repayment Schedule: 20 yearsMaturity/Term: 5 yearsPrepayment penalty: 5,4,3,2,1Index Value FHLB plus a 2.5% margin. 20% d...
MONTGOMERY COUNTY
Gaithersburg Man Admits to Equity-Skimming Scam
By Ernesto Londoño
Washington Post Staff Writer
Sunday, August 19, 2007; Page C13
Maryland legislators tweaked the state's real estate laws in 2005 i...
Hello BP,Im a new investor looking to purchase my 2nd property for long term investing. I live in the Phoenix metro area, with the market being so competitive here I was thinking of purchasing a new build on the Wests...
Hi, I moved from NJ to CA sometime ago and am looking to buy a primary residence in Alameda or Contra Costra counties and am looking for a good deal on a house. I have experience buying at auctions in NJ, but the syst...
Hey all, gonna make my first offer today on a multi-family duplex 3/2 X 2 in the Waco, TX area near Baylor. Asking price is $249,900 and has 100% occupancy. Revenue is $23,400 yearly, expenses are $9,200 yearly, NOI i...
I have a friend who is renting a duplex with another buddy of mine in Cincinnati, OH. The room he is renting had a roof leak and he was displaced from staying in for 29 days. The landlord was unresponsive at first a...
Good afternoon BP. I am looking at making a move on my first investor property but wanted to get pre-approved etc. I saw a good post with a list of a few good local lenders but I have been unable to track it down agai...
I'm about to buy a new primary residence, but I'd like to also buy 1-2 flips with HML loans. Will that interfere?
We are 8 months into our BRRR strategy and on our 3 house. The first 2 homes we bought about a month apart. Rehab went great, renters are great all good.
Then came Refi. When we bought the first house, I titled it in...
Hi all, I recently bought a house that has two units. One main and one junior unit - roughly 450 sq ft. The house was built in 1920's and junior unit was built in the 40's and they built it on the property line, i.e...