Ronald Pryce
in a pickle jar.. refinance cash out or heloc
I just bought a rental property this time last year...through renovations within one year it went from 430000 to 760000 in value. (2 bed 1 bath) to (4 bed 3 baths with deck and balcony)
I'm looking to buy more rental...
Stryker Brown
Closing Costs Expectations
What's a reasonable number to expect/project on closing costs for a rental property. I am buying a duplex for $110,000 and the mortgage broker just quoted me $8,500 in total closing costs. This seems quite high to me....
Jingjun Zhou
HELOC on Rental Property in NJ
Anyone knows which bank or Credit Union does HELOC on rental properties? I’m in New Jersey. Thanks!
Duke Giordano
Cap Rate Evaluation for LP In Real Estate Syndication
Hey Guys,
Thanks in advance for your response. I am in the process of trying to refine/mature my syndication vetting/evaluation as an LP and trying to clarify some of the more tricky terms in the PPM or OM of the de...
Jack Young
New Canadian mortgage lending requirements.
I thought I might see a little more about the new Canadian mortgage rules and how it's effecting investors, I would imagine this is more an effect on the smaller investors but I also wanted to know how they were findi...
Account Closed
Note investing with little to no experience.
An agent shows me a deal. I buy the note for a multi family for 18 months. I attract all income with the current tenants already established in the property. Is this a good deal for a first time buyer?
Noyessie Hubert
Fixed vs Adjustable rate, what to chooose.
Hi, I just spotted a 4-family room which makes sense for me and my credit union is offering a conventional loan mortgage for 5% down. Here are the two options the lender offered to me:
- Option 1: 30-year conventi...
Arthur Voskanyan
HELOC vs Home Equity Loan
If HELOC’s have a interest rate that adjusts/fluctuates/variable based on market conditions, why would anyone take out a HELOC compared to a regular home equity loan? A home equity loan has a fixed rate, so you don’t ...
Jordan Salter
Refinance a rental property
Hi Everyone,I am looking to refinance my 1st rental property that I bought 3 years ago in order to get a downpayment for a 2nd one! I have my primary residence mortgage and the rental property mortgage both through a ...
Josh Rogers
Fixed Costs and MAO Calculation
When figuring out a MAO, where do I get an idea of the buyers fixed costs? I know each buyer may have special agreements that may make his or her fixed costs different, so how do I go about getting this figure from a ...