Harold Cherrix
Fixed Rate Financing
At the end of last year, my son and I invested in a property that has 3 Trailer Homes and a 3 bed 2 bathroom house. At the time the only financing we could obtain quickly was a 5/1 balloon commercial loan @ 4.5% amo...
Richard Pallarino
Resources - Vacancy Rates
Hi Everyone,
Pretty new here, but I am excited to be part of the BiggerPockets forums! My partner and I are looking into certain areas to invest in, but we are having trouble verifying vacancy rates. One website says...
Saleh Sedighi
Cap Rate expectation
I'm looking into multiple markets for multifamily rentals . But I'm not sure how should I set my mini cap rate while searching and filter properties. for example I'm looking into Oakland Ca, and Austin Tx. and averag...
Spencer Gray
Cap Rate Compression
What kind of cap rate compression are you seeing in your market?We are seeing year over year .75-100 bps of cap rate compression (prices going up) in several Midwest and Southeast markets that we are active in or are ...
Akshay Johar
Property Managers rate
What is the typical rate for property managers in the Lexington area. I am an out of state investor, and I consistently get 6% in Arizona. What should I expect in Lexington/Kentucky/Fayette?Also any recommendations f...
Mac Boeve
Mortgage Rate Estimation
Is there a good method to accurately determine what my mortgage rate would be without using a lender? The wife and I both have good credit, 10+ years of credit history, and work at W-2 jobs. We're looking at purchasin...
Matthew McKinney
Mortgage rate decision
I have an offer for a 15year fixed at 3.375. I am trying to decide if I should roll the dice and see if it will drop lower or lock that rate in with my lender. Thoughts?
David New
Conventional Investment Rates
What are most people getting conventional investment loans at right now. Lowest I have seen is 5%. Is that typical with what others are seeing?
Trenton Carothers
Duplex Mortgage Rate
Hello! Newbie and first time poster. My wife and I are looking to do a house hack. We're under contract on a duplex with the loan value at around $230k. We have excellent credit, and a very low DTI ratio, outside of t...
Michelle Lancaster
Current Lending Rates
Hello everyone. I currently have my eyes on my first duplex. New build in 2018. Owned by one of my Army buddies who moved back home and is looking to sell. I am willing to do a 20% down payment, but the pre-qualified ...