What do people mean when they use the term ""points" ?
Looking to get in to my first deal. Targeting a single family home requiring zero to minimal repairs to rent out. The goal of the property will be cash flow. My thought is to hit a 70% LTV (which makes my down payment...
I am the landlord of a commercial gastro space in NY State. The tenant has been regularly past due in his rental payments over the last several years but does pay the rent after an average of one month delay. That del...
I found an 8 plex with a good CoC return, and a decent price. It needs minor rehab. I have done six plus flips and done well with that. My question is I need X amount of dollars for the down payment. I have the funds...
From my understanding, a com loan is used with 5 units or more, but at what percentage would the bank need or require for down payment? I see a 35 Unit in my area but only have 2k on hand.
Owning a home has a lot of great benefits! Building long term wealth, growing equity, stable monthly payments just to name a few. But, some people do forget about some of the tax write offs that go along with owning...
Guys hi
I want to take credit line from my bank(chase)
just spoke with my business banker and she said that i can count on 10%-15% APR.
I am looking to get 30K credit line.
How do the interest and payments calcula...
HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I...
When lender says, "For FHA loans, there's a 1.75% upfront MI (usually added to loan amount) and 0.85% monthly MI" What does that mean???For example, if the property is worth $559k, $200k down, and $359k loan would fol...