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Does anyone know of a bank that does cash out refi's on rental properties. They're all telling me they only do them on primary residences "right now", I'm guess something to do with covid. I own the property outright,...
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I have heard many people say that a down economy is the time to buy investment property. I also see the benefit of low interest rates in an up economy where lending is prevalent. I confess my buy and rent experience o...
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Every year I like to provide some predictions on what I think will occur in the upcoming year as it relates to seller financing, mortgage note investing and the like. So here are my predictions, feel free to offer up ...
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This is the most intriguing time in the mortgage industry I can remember. Very challenging, but some optimism on rates, allow me to share some positivity: Rate increases this fast and this high havent occurred in my ...
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Boy, did I miss the call on this one! (at least for now) Even with a somewhat slower year than last in rental demand, even with interest rates returning to historical norms, overall home prices in the Gatlinburg marke...
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Charleston, South Carolina's housing market continues to exhibit growth and competitiveness.The median home sold price reached $582,329, reflecting a 9.7% increase from the previous year, with a median price per squa...
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"What explains record U.S. house price growth since late 2019? We show that the shift to remote work explains over one half of the 23.8 percent national house price increase over this period... Our results imply a fun...
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Investors are finding it difficult to keep up with interest rates and the lending market.
Residential (Single Family and Multifam up to 4 units) - On average, we are seeing rates 0.75% higher than owner-occupied loan...
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Dear BPers,What do you see happening in your local markets? Where do you think the market you are in will go in 12-24 months? Should we hold our cash dearly or should we continue invest as usual? Many thanks for yo...
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Hi everyone,
We started the process on a heloc and were told that some smaller debt should be paid down to improve our credit score before applying to get a better interest rate. It would still be possible to get a h...