Can someone please describe to me the thought process they go through when deciding on whether to finance a property through fixed or adjustable rate mortgages? More specifically, I'm talking about residential single-...
I’ve read different books that tell me that an FRM is better or an ARM is better. As someone looking to receive their agents license in what cases is one better than the other?
I have a property under contract (4 units) I'm shopping around for a mortgage and need some advice. Which option will you choose, which one will be cheaper from a long-term perspective? Both options are Credit Unions ...
I am trying to weigh my options on if I should go with a 5/1 ARM or a 30 year fixed mortgage. I was leaning towards the 5/1 , because
1. I could get a cheaper interest rate initially
2. I don't plan ...
I have done some searching and could not find an answer, I apologize if I missed it somewhere.
I am considering a 30 year fixed loan to refinance my rental property at 5.25%
But I also was considering the 7 year ar...
Hello Bigger Pockets - Thanks in advance for any advice
I am currently looking to get approved for a loan for a small multi-family (2-4 units) and am having difficulties finding lenders that will do a 30 year fixed w...
Sam was very excited when he learned that the apartment he has been waiting for was finally ready for its new occupant. So, he signed the lease and, voila! Moved in. Few days after, he noticed, especially at night, so...
Hi everyone, I've been flipping for a couple years now and I'm working on making this recently rehabbed home into a rental. (BRRRR method of course) The bank is offering a 30 year fixed at the price I purchased the ho...
Guys with rates at record lows and staying there for quite some time (if you're in the long term low i rate camp). Is anyone looking at a ARM or done one?
Greetings,I am working out my financing to begin my investing journey. Currently I have a paid off primary home with ~$400,000 of equity. I would like to begin with a duplex, quad, or the right single family home. I w...