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How scary is it to have an adjustable rate? Could it shoot up to 15% interest like back in the past? I'm getting a 100% financed sba loan for an office building, and their rate is adjustable. There are hefty early pay...
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Hello everyone -
This is my first time dealing with HELOC's and would like some advice moving forward.
The situation is that I currently have ~$15,000 in equity to use in my SFH rental. The appraisal is at $88.000 a...
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Hi all, I am just getting started in REI. I have a reno just completed and tenants ready to move in. I had planned to BRRR his one. I also just purchased a second home for reno that might be more qualified for a fl...
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Good afternoon all,I was curious to see what type of options are available for properties that do not have a mortgage but are owned in an LLC. Thanks!!
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Hi everybody,I am a beginner real estate investor, originally from Hungary, now located in Kansas City, and we are just about to to close on our first small multi-family with my partner. We were able to get a loan wit...
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Hi All,I'm in the works of my first SFR deal.. Its a 2bed/1bath home that I plan to add another bedroom to plus a little rehab. I've ran the numbers and they look good (conservatively around $280 monthly cash flow, ca...
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High interest rates in real estate can be challenging to navigate, but there are strategies investors can use to survive and even thrive in this environment. Here are some tips:
Lock in Low Interest Rates: If you are...
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Hey everyone,Exploring financing options for a duplex in New Haven, CT. The lender my agent put me in contact with is telling me that rates for an investment property are currently low 7's with 2 points. 30 yr fixed n...
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Hello all. I’m relatively new to real estate investing.. I’m in the process of refinancing a house to get some cash out. I’m confused about who I should refinance with. Should I do it through a commercial bank where t...
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I recently put a 3bd/2ba and 2bd/1ba $335k duplex under contract to house hack (owner occupant) and I'm wondering which loan option to choose. I have $90k in cash. I will rent out the 3bd/2a unit for $1500/month. Esti...