Robin Valadares
Variable or Fixed rate mortgage with my new deal?
Hello BP Community,I'm probably raising a question that may have been discussed in previous threads. In any case I was hoping to get some advice with my new deal.I have the following 4 scenarios regarding going with a...
Matthew Christian
Refinance into a higher interest fixed rate mortgage from a yearly variable rate?
I found myself as a reluctant landlord 5 years ago. I had to move across country from my condominium. I couldn't afford to sell off the property at a loss and ended up renting it out. I have a property manager and ...
Matthew Teuschel
Lease Purchase Option When The Seller Has A Variable Rate Loan
Hello everyone. Getting started with lease purchase options and was wondering if this strategy was still possible if the seller has a Variable Rate Loan?My goal is to buy the property via lease option purchase and the...
Gerardo Lewis
May have found a deal but he wants a variable rate
Finally after a few calls, a few meaning many calls and I still have more to do I have had 1 owner tell me that he isn't particularly interested in selling but he would definitely listen to any offer I can make especi...
Clay Cook
Whats the best way to calculate returns with a variable rate?
I’m looking at a commercial loan for a tri-plex, and I want to know what’s the best way to calculate returns when your mortgage rate is a variable rate?
Mark Brown
How do you guys feel about financing a park with variable rate debt?
I have a banker who will lend me what I need for the deal with 20% down and a variable rate 30 year loan, fixed at 5% for 3 years. Not sure what the cap would be on the rate. Rate is tied to LIBOR. ARMs make me ner...
Kyle Curtin
Sponsors, thoughts on Bridge & variable rate debt on new deals right now?
Hi everyone! I am sure the title caught a good amount of eyes because of our current debt environment. I was curious if anyone is even considering using variable rate debt now to fund acquisitions. Our team personal...
Mike Pederson
Variable rent based on # of roommates???
Experienced landlords, I have a unique question and I am looking for some feedback. I am buying nicely rehabbed properties and charging near top of the market rent for them ($1,600 per month). This has been working ...
David K.
REFI with higher rates?
I like to raise rents lightly every year, that added with small principal pay downs, I REALLY like cash out refi's where I can then buy more property. Problem now is that rates are much higher than before. Recently ...
Sam Boateng
HELOC Decision Help Needed
Hi good people. I am trying to take a HELOC on my primary home for a down payment for my very first rental property. After contacting about 4 lenders, I am finally trying to choose between these two offers:
Option #1...