Grant Farrell
Promissory Note rates
I've lent money via promissory notes to 3 different people, a friend and two acquaintances. They've all been less than 1 year durations and have been for 7% and two for 9% interest with properties securing them each. ...
Faustin Hoover
Rate potential flip
Hello. I am looking at a potential flip and wanted some input. If I ran my numbers right it makes sense but I could be wrong. 3 bed 1 bath house 1100 sqft. Asking price 11000. Looked at comps online and it should sell...
Amir B.
Interest Rate Advice
Hello BP Community,I am shopping around for a duplex and wanted some input on selecting the best rate for me.I'm going the FHA route. I have gotten an interest rate offer at 2.875% no credit back, 3.100% $2,000 back, ...
Jose Castillo
Rate/Term Refinance
Can I refinance a hard money loan with an fha 30 yr loan and pay the hard money lender off? And on average how much should I expect to get refinanced for? I was thinking around 75% to 90% depending the lender. Is ther...
Jose Castillo
Rate/term refinance
Can I refinance a hard money loan with an fha 30 yr loan and pay the hard money lender off? And on average how much should I expect to get refinanced for? I was thinking around 75% to 90% depending the lender. Is ther...
Lee S.
Historical Rental Rates
I've been assessing the risks to my buy and hold plan knowing I can't predict the future of the market. I discussed "dollar cost averaging" in a thread a week or so ago and most people seemed to agree. I listened to...
Leeroy Ayala
Rental Rate Increase
Short details of the story. We had an employee, he recently quit the family business without a two weeks notice. He just didn't show up. One of the perks was allowing him to stay in our rental for $950 per month. His ...
George Flevotomos
Interest rate comparison
Hello everyone. I'm purchasing a medical office building and the lender is offering me 2 loan options. 4.25% fixed for 5 years, or 4.75% fixed for 7 years. How high would interest rates have to be in five years to jus...
Josh Benitez
Private Lender Rates
What is a reasonable rate to expect from private lenders? How do the rates compare to hard money?
Andrew R.
Good HELOC rates
Recommendations (no solicitors please) for good lenders with low rates and options for HELOC. I'm in California, excellent credit, but don't have much equity now (just got appraised, sitting at 400 value with 300k rem...