Hello everyone,
I need help in what steps do I need to take to asume a mortgage.
Thanks for your help
Hey guys/gals, Refinancing my owner occupied property with cash call mortgage and they offered me a 30 year fixed at 3.875. I'm just curious is that a good rate during these times? They took the median fico score of 7...
First time poster and would like some advice on the best way to structure the following deal. I’ve researched what I can but feel like there are some variables here that aren’t really covered. This would be my first c...
For the purchase of a rental property (long term), with rates on the rise, I'm curious which of these options would you pick and why?
* 5-year adjustable 2.25%
* 1-yr fixed 2.65%
* 7-yr fixed 4.95%
* 10-yr fixed 5.2%...
Purchased 3 SFR at $29K per with cash ($87K total). I don’t qualify for delayed financing so leaning toward portfolio loan for all 3. Unfortunately portfolio loan is variable APR. Can I refi this loan with conventiona...
Hey guys,I found a semi detached property going for 90,000. The expected rent is 950 for a 2 bedroom apartment and from what I see, 1200 for a 2 bedroom semi. Vacancy sits around 3% in the city.The exterior looks like...
I asked a broker to quote a refi for one of my properties both as a rental and as a primary, to see what gives. The only difference was the interest rate on the rental was 62.5bps higher. I was anticipating a higher r...
So I don't really understand the whole Refi and HELOC situation... I have a few questions.What are interest rates usually like compared to traditional residential mortgages?What is the difference between refi and helo...
Hello guys, I am in bit of a bother and cannot decide what to do. Here is the situation.I have a rental property which used to be my primary residence, I bought this property back in 2006 when prices in my area were t...
Hello BiggerPockets community,I am currently working on a study for BiggerPockets and I am having some trouble getting up to date data for average insurance rates across the country. For example, what is the average p...