Bala Krishnan
Commercial Loan Terms Discussion
Dear BPs,
I am a newbie evaluating loan terms from a commercial mortgage broker. I am putting the info below. Need your take on what you think about the terms here.
The property is in Charlotte, NC. ...
Matthew Defore
Rent by the Room Questions
Who's renting by the room on their properties? I'm interested in experimenting with this on one of my condos in a college town. My questions are:-How do you try to pair up compatible "roommates" without having fair h...
N/A N/A
Latest Mortgage Rates
Hi Folks,
Rates on 30-year mortgages jumped to the highest level in seven months, Freddie Mac reported in its nationwide survey. Thirty-year, fixed-rate mortgages rose to 6.37 percent from 6.21 percent last week. It ...
Roy N.
Looking for thorough tutorial on US Mortgages
Good morning BP!
We are getting closer to that point in time where purchase of a US residential property (4-unit) will become a reality. In preparation, I am looking for a thorough, but concise tutorial on ...
David Coronado
Am I getting ripped off with my closing cost?
Hi BP,
I’m currently in the process of remodeling my second house with a 2 in 1 loan (construction and refinance). I’m planning on adding square footage and several bathrooms.
Once the construction is complete the r...
Logan Larochelle
Banks to use for a cash out refi in Apopka(Orlando) area?
Looking to do a cash out refi.. is there any banks that are recommended that has good fees/rates?
Thanks
Marie M.
Refi Cash out at 3.5%? Perfect credit
Does a 3.5% cash out rate on a refi with excellent credit and excellent income/debt ratios sound like a reasonable deal for right now for a long term investment SFH rental? Also paying a point to get that. Thanks fo...
Judy Jacobs
How to transfer money from foreign real estate sale to the U.S.
We're in the process of selling a condo that my husband inherited in Hungary. The sale will be in Hungarian forint. What is the best way to transfer that money back to the U.S.? Should we use a bank or an online servi...
Ayana Morali
A few refi questions about an investment property
Hey all, I'm looking to refinance my property in Brooklyn - it's been 10 years since I bought it so my interest rate is astronomical compared to today's options. I have renters in there now and when I bought it I live...
Joey Vasquez
Type of financing for a rental property
completely new to this and would like to know if when you find a property that you'd like to finance. would you be financing the same as you would a regular home for yourself or is it a different type of loan because...