Denis Ponder
Rate Adjustments - What are you evaluating?
Good morning,Our first 6 months of our studio (househack) being available on AirBnB & VRBO was very successful for us. During that time, the minimum rate we charged was $50/night; $20 cleaning fee for short term ...
Jordan Meyer
Apartment owners: do you care about property management fees?
There are some new discount property management companies that charge 6% instead of the more typical 9% and have data showing that they keep vacancy and rents the same as the 9% alternatives. I'm wondering why they ha...
Jennifer Knestrick
Rate lock and loan amount
I realize this will simply come down to bank policies, but I’m curious what’s typical.In the the midst of a 1031 exchange, we qualified for a mortgage on the replacement property at $2.9M, and rate locked in mid July....
Raju Charlotte
dscr cash out refi with less closing cost
im looking for dscr cash out refi and i have multiple properties. I came across few lenders and their fee is almost 8k for a cash out of 150k, so I am looking for better lenders who offers with less closing cost (lend...
Najat F Kessler
What rate for 30y mortgage w/25% down 420K invest proper 3units
This is my first post here so please be gentle :D I am looking to buy my first investment property. A 3 units multifamily at 420K, brings in over $3700/month. I got 5.99 as a rate for a 30 years mortgage. Should I sh...
Will Seaman
Looking for DSCR Cashout Refinance help and advice
Hello all. So I am getting ready to cash out refi my first investment property, i will put all the numbers at the end. I bought the property with a fix and flip hard money bridge loan, put down roughly 22% and and fin...
Robert M.
First-timer with a commercial loan question
Hi everybody, I'm a first-time rental investor wth a general question about the financing process. I have the opportunity to purchase a six-unit apartment building in Pennsylvania with likely sales price of around $45...
Bruce Woodruff
Is this a new trend?
So, I'm looking for a STR for an upcoming weekend, and I really don't think I have noticed this before - to this extent. Fees are way up. The nightly rates are fine, but when you look at the total, everyone is adding ...
Matt Greer
what do you consider to be good rate from a lender?
I'm new to REI and one of the things that bothers me is not knowing if I'm getting a good deal from a lender. Starting out I kind of feel like beggars can't be choosers, but at the same time I'm not here to get taken ...
Nova T.
Private Lender only wants 5% interest?? Is this common?
Hi everyone,I’m currently raising private funding for real estate and I came across a lender who only charges 5% interest. Here are his other loan terms: 100% financing on purchase price and rehab Interest rate 5% Fun...