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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...
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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...
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Here is my options from lender posted below. I plan to keep this home, and won't consider moving out in less than 2 years. Should I buy down the rate? Right now I have been offered 4.00 rate with $1683 in costs. Prope...
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Newbie question. Can someone explain how multifamily properties are appraised? Let's say for example, a property is a duplex with 2bd/1ba in each unit and there were no duplexes sold in that area in the past year. How...
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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?
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Hello, I have two rental properties. Each property has an original primary home mortgage. My strategy has been to buy a home as a primary. Live through the renovations and pour in sweat equity in and then (after a yea...
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I'm currently in talks with a Senior Owner to buy his 10 Unit Rental Property through Seller Financing. i have couple of questions Regards to tax benefits to him. so I can speak more Confidently about this deal.
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So I have noticed on gosection8 and a few other posts in this forum that Baltimore has a huge surplus of section8 housing and too few tenants (at least compared to the number of units available, looks like 235 right n...
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Hello BP! I'm a new Realtor in Salt Lake City and I'm curious if you can direct my thoughts or set me straight. 1 year goal of buying my first property, largest obstacle is $35,000 in unsecured debt between my wife an...
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Hello, new member from Houston,Tx. Im a conservative investor who owns multiple properties that are paid off and I'd like to know best options for refinancing my current properties before I talk with my bank so Im edu...