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Hello, I am in the process of getting pre-approved for my first investment property loan. I am being told that I need to buy down my interest rate, which is very surprising to me. I thought that was only the case w...
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I am interested in buying a property and I can get a note from my brother for the purchase, that he could then sell to get his capital back. I was wondering:1) What are the terms / characteristics that make a note des...
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if there is no positive cashflow expected by renting single family home here in bay area, (as property tax, mortgage and competition etc too high )what can be done to increase rental value of the home without increas...
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DO lenders always have loan points or depends on the lender itself? Any regs that I should know about?when buying up the interest rates its increments on bases points are always .25 bases points increments correct? Di...
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Our Anchorage-based single family home tenants' lease is up in May 2020. They have indicated they are going to save up for a down payment on a new house and would like to rent two more years. Yay! They have asked i...
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Hello All. I just finished a renovation of a 18 unit apartment complex that happens to be near a few military installations. As a veteran myself, I would love to offer military and families a discounted rate, and a re...
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Hi BP! I have been running my own STR for awhile now and am looking to expand by leveraging private money relationships (as well as some of my own money from my Real Estate Sales Business). I'd be looking for about $3...
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I'm learning how to analyze deals, so bear with me?Here's the "deal" I analyzed. https://www.biggerpockets.com/calculators/shared/3...Here's the loopnet listing (I know loopnet is where deals go to die, but I'm using ...
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Hello everyone,
I received this message from the mortgage company I am using this morning: “One thing that I was told is that the interest rate would be around 7.875% with 1.25 discount points.”
The interest rate se...
Im trying to buy my first home but the interest rates are not helpful right now. Does someone know of lenders that will offer lower interest rates for a buyer with excellent credit.