Mitchell Fuselier
Commercial Loan Options - What would you do?
Long time reader, second-time poster (I think)I’m under contract on a small multifamily (6 units) and am comparing loan options. For background, this is a stable, performing property with a plan to buy and hold for as...
David Fairall
Refinance with us and we'll pay your closing costs- Is this real?
So we just bought our first rental last summer. We live upstairs and rent out the basement apartment. I've been getting hit up through the mail pretty often by these companies that are saying that because interest rat...
Cullen Duplantis
Buying a House to Rent Out
If I were to buy a house to rent out and mortgaged the house. Which would be a better route 15 or 30 year fixed mortgage.
Zarina Ablyazizova
Should I owner finance my rental?
Hello everyone!I have a rental property that rents for $2000/ month. My tenant has been there for a while and is interested to buy it by doing owner finance. I am interested to sell as this property is not really cash...
Justin Glass
FHA Streamline Question
More info: I am doing a house hack of sorts and received an FHA 203k refinance where I have tenants above and below me (3 Unit). I have yet to finish the 203k construction but the Allied guy is telling me that I can ...
Dalton Shepherd
100% financing possible for str?
Hello all,I am trying to figure out a way to get this deal done and what my best options are for financing with $0 down, sub-par credit, and being a first-year independent contractor. I realize I have a lot working ag...
Justine C.
What should I do with equity in my house and "extra" cash on hand
Input please....Don't want to blow this opportunity. We owe approx $460K on a property that appraises at 1.1M. We live in the main house and "rent" 2nd unit to in-laws. Will have a good cash cushion within a month o...
Steven Foster Wilson
MBA suggests rates have hit their apex and will now start trending downward!
My go-to Lender in Columbus Ohio mentioned that while the Fed Funds rate will likely go up a bit more , Fed Fund rate and 30yr fix/10yr bond aren't directly in lockstep, so we may start top see downward trends!This is...
Kenneth Stump
Private lending to long term loans
I am looking to buy and hold properties. I am talking to multiple private lenders and wanted to ask what is the best option after the property has been purchased, rehabbed and rented. Should I try to get a conventiona...
Josh Oaten
What happens next in the economy - Change My Mind!
What happens next in the economy…- The Fed will loose control of inflation, as they never really had control of it.- Corporate debt service default will increase in droves, starting with pensions and retirement funds....