Just curious what other investors are doing regarding the short fixed interest period on commercial loans..
I suppose most would say that they wait to see what the market is doing at the time the variable interest r...
Hello BP,I hope I can get clarity on here. I have a property I'm thinking of purchasing. I eventually want to BRRRR but this property came up and I'm trying to decide if it makes sense as my first investment. The numb...
Hi All,I've been following some of the news on the High-Speed Rail project planned for Fresno to Bakersfield. (see https://www.hsr.ca.gov/high_speed_rail/project_sections/fresno_bakersfield.aspx and https://www.fresno...
I currently have a 30 years fixed on an out of state (I live in NYC) SFH investment near Atlanta, GA. My lender at the time of purchase (April 2018) had what was then good rates with very reasonable closing costs. I h...
Explain why someone can refinance their home. It almost seems to good to be true.
In other words, why would a bank allow the mortgagor to cut their interest rates with a refinance?
Hi, considering a new build and wondering if anyone can point me to some good reference material or provide feedback on how to best shop this loan. I understand the general idea of it (interest only on the constructi...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $321,000
Cash invested: $8,500
As a licensed real estate agent, I assisted an investor in purchasing the next...
Hi, I would appreciate some of your wisdom to make my next step. I have a Condo (first own property) that I bought through a conventional loan, lived there for 2 years and now I'm ready to start renting it. For my nex...
Hello all first time post would love thoughts … we are buying an 8unit multi family building (1.2m) We have 3 of our 11 SFH owned outright (probably around 350-400k of appraised value between the 3) Would love to lev...
I found a property in a very desireable area of Chicago listed for 475k (2 bed 2 bath, 1550 square feet). The HOA is only $200 (which is rare for this area). It is newly renovated but has room for some minor cosmetic ...