Brian Barch
How much of a revenue boost does dynamic pricing give
I recently purchased an STR that was successful despite not having dynamic pricing, and only being listed on VRBO.they literally charged the same rate every night of the year, no matter if it was Monday or Thanksgivin...
Trevor F.
80% Cashout in 2022?
Hi Everyone,Are there lenders (non qm/llc) doing 80% cashout refinances on single family nowadays? I know there were some last year but it seems they are tightening their LTVs.
Bernard Joseph S.
Getting creative with buying rentals. Interest only? ARMs?
These new rates are killing cashflow potential in most areas I'm looking so been thinking about breaking away from conventional mortgages. Having never done interest only or ARMs what are the benefits to going this ro...
Andy N.
How long are you financing properties?
I am currently using a small local bank for financing my rentals. I am able to get 5% fixed for 10 years with an am of up to 30 years. I currently have them financed for 10 years. I don't have much cash flow each m...
Antwan Smith
Refi a Sub-2 to offer seller financing
Is it possible to refi a sub-2 property and if so does putting it back on the market with seller finance a good ideal. The sub-2 is about to adjust to 9.25% from 6.25%, I've just purchased last night, the home has ap...
Chris Martin
Fed says rates stay low at least through mid-2013
In recent history, I can't remember when the FOMC came right out with a target date that was so far out (2 years). In the FOMC statement they say "The Committee currently anticipates that economic conditions--includin...
Charles Stubblebine
Refinance SFH
After reading "Who Took My Money" I am motivated to have a SFH that I own refinanced to accelerate my money. What are the requirements to do a refinance? My questions are:1. Do you have to have a certain % of the hous...
Rajesh Thakkar
Negative Equity Guidance
Negative equity mortgage. One of my close friends has a negative equity mortgage for a property in Florida. The mortgage has passed through several lenders and is now with Shell point mortgage, the homeowner wants to ...
Corinne Faivre
Underwater condo
Hi everyone! I need a little guidance with an investment condo that is underwater in FL.
The loan has an adjustable rate so it is currently breaking even. The rate will adjust in june 2014. The condo is in F...
Carlos Rodrigues
Need LOW Interest Bank Loan
Good morning BP. I'm looking for a bank to lend me $187,500. I'm possibly purchase a $250k multi family with 25% down. I was quoted 4.375% interest rate, I know rates went up but I'm sure I can find a better rate. Any...