Do you think there will be a shift in hard money and other investment loan interest rates on average as conventional mortgage rates continue to rise? Im in the Atlanta market and from what I see hard money interest ra...
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...
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 ...
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...
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...
So I have a deal from a family member that’s half market value. Would it be possible to buy with little to no down payment. With so much equity already in the property. It’s a 30 unit mobile home park in Reno Nevada.
I bought my primary residence with a 5.0% interest rate VA jumbo loan 8/2018. I am getting offers to refinance at 2.75%. My credit has dramatically improved since last year. Loan is $505k. Never done a refi on my prim...
I would love some of feedback on this topic?
I'm looking to pull equity ($100k) to build a back unit. I currently sit on a 14,000 sq ft lot. The city will allow me to build a 2 bedroom 2 bath unit at 1200 sq ft.
TO...
What does this all exactly mean? thank you for your help. ALL CASH, NEW LOAN OR ASSUME EXISTING 5% INTEREST/30 YEAR FULLY AMORTIZED LOAN WITH APPROX. $176,000 BALANCE (8% INTEREST STARTING IN SEPTEMBER 2018). NO ASS...
Currently renovating my first BRRRR property and looking for a bank that will let me cash out 75% LTV without a 6 month seasoning period...anyone have someone I could use? I'm getting no's everywhere. (some national, ...