Ellie Narie
Is adjustable rate scary? Changes quarterly based on prime...
How scary is it to have an adjustable rate? Could it shoot up to 15% interest like back in the past? I'm getting a 100% financed sba loan for an office building, and their rate is adjustable. There are hefty early pay...
Andrew Yu
App/Site that Does Automatic Adjustment of Loan Amortization
Hi, I have some properties sold with seller finance. Sometimes tenant buyers pay extra here & there. I would like to automate my loan amortization adjustment. Is there a tool that I can use for this purpose? Like ...
Matt McConkey
Does my plan sound solid/what would you adjust?
Good Day BP, My name is Matt and I'm wanting to add another rental to our (very small) portfolio and was hoping I could get some sage advice. Below is my plan. ABOUT USMy wife and I have been wholesaling properties vi...
Andrew Street
Recession/Correction/Adjustment - Thoughts on the Health of STR
Hello Everyone,There's a lot of talk about how the market is/is going into a recession.Typically, during these times, people are less likely to have extra money to spend on vacations.Short term rentals are seen as a r...
Kevin Merlander
Fix and Flippers: How are you adjusting your underwriting???
Hello BP Community, To all the Fix and Flipper's out there, I am curious about what everyone is doing to pivot and adjust their underwriting during these times. I have completed a few successful flips and generally s...
Eric James
Is real estate appreciation a myth? Adjusting for inflation
One stated benefit of investing in real estate is price appreciation. However, if you look at inflation adjusted real estate prices for the most part there isn't much appreciation. There are specific points in time ...
Timothy B. Dunn
How to cover rising interest rates on adjustable mortgages
We are searching lenders for our first property and are having to finance using our llc in order to protect my pension limits on earnings. My question is how do you account for future interest rate hikes down the ro...
David Martin
Schedule C or Adjusted Gross Income for Mortgage Qualification?
For conventional mortgage financing for us that are self employed and also use a Schedule C, do lenders consider your AGI as well or are they more/only concerned with the numbers on your Schedule C?Thanks!
George Paiva
Loan Level Price Adjustment on multi's 4 or less
I just got off the phone with the regional bank here in town. I was inquiring about a loan product for 3 or 4 units. It seems since they are fannie mae based I have to come up with a "Loan Level Price Adjustment" of...
Rick Stevens
A swing and a miss... time for an adjustment
Bought a foreclosure, decent deal. Around 100k with 15% down ARV post rehab- $255k. House needed major work. Put $100k into it. Today it’s beautiful. Just one problem, been carrying since August. 😢Meant to fix ...