Owning rental property is a business. Generally speaking, revenue is earned through rent payments from a tenant. Having an empty space, whether it be an apartment unit or a single family rental, is considered a vacanc...
This will probably take awhile to roll out, but FHA guidelines are supposed to be going down to 35% provided other requirements from my understanding. The condo has to go through some re-certification process to be...
I recently bought my first home that has an ADU we plan to rent out. I have heard that if you live in one unit and rent out another, you may be eligible for a lower interest rate. Is this in fact true? Are there any s...
For those who seek private/hard money lending, what is more important to you?Lower Rate/Points vs. Higher Leverage?Let's assume all other terms are the same. Which do you prefer and provide a little explanation of why...
I have 3 rental properties in MA, and i just got them stabilized. They are now cash flowing well, and i have really low fixed rates. My question is should i take out equity for more, or should i buy more slower with t...
Hey All, I'm trying to get some feedback on a financing question. I will be seeking financing for a $150k loan as an investor with a standard lending institution. I can either do a 20% down payment and obtain a 4.62...
Good news for the housing market.New numbers are showing a lower foreclosure rate in the US. http://wp.me/p2cSiW-c6
Looking at the Realtor.com's estimate for the properties in Jacksonville, it looks like the mortgage payment is lower than Rentometer's rent! For example, Zillow estimates one of its 90k properties to have payment for...
TL;DR - Get your investment back without doing a cash-out refinance.Something occurred to me the other day when talking with my lender. This may be something that everyone knows and I'm just late to the game, but I th...
I am currently renting my first property for $1100, I bought it with 5% Conventional down, $133,000 at 4.5% interest rate and my mortgage payment is $900 with solar panel lease payment of $140. I would like to get get...