With the current 30-year fixed mortgage interest rate at approximately 7.05%, I am curious about the additional interest I might have to pay for an owner-occupied duplex. Both properties have a 20% down payment.
As a...

Thank you Brian Gibbons and Bill Gulley for all you have posted about this subject. My brain really hurts. Assume I buy a house using a portfolio lender for long term financing and they loan me 75% LTV after th...

Hi all ,

My most recent 30 year for my investment property is

No closing cost for 30 years for 5.37% , LTV is only 70%.

Do you think is a good deal? What’s yours most recent rate for investment property ?

HiWhat has everyone experience been in regards to property taxes in Cleveland. I saw James Wise quote the current taxes however if the property sells for a new higher price won't the property taxes be based on the new...

The FHFA recently adjusted mortgage rates such that buyers with good credit get a slightly higher rate and those with poor credit get a slightly lower rate.  Announcements from the agencies suggest this was designed t...

Hi all, I recently received my property tax bill for a new rental I purchased this year. The previous owner was an older owner-occupant and paid virtually nothing in property taxes due to homestead and other elderly e...

Is it normal for payment terms to require the following; "Borrower will pay this loan in full immediately upon lenders demand."? It follows with "If no demand is made borrow will pay this loan in 359 payments." This i...

The entire left coast has become a joke. Landloards can't enforce lease terms and basically have to let tenants live for free while they damage the hell out of the place (situation I'm facing).Attorney I spoke with to...

I am looking at a VA hybrid. 3:1.  Initial rate is 1.75% for 3 years. it can flex one time per year and never more than 1% a year and no more than 5% from the original rate at any point in time. Amortization is recalc...

I have a duplex in Renton WA. I am renting one unit out and living in while rehabbing the other. I am wondering if its possible to borrow equity in the property to finish the rehab?
I owe $330k and ARV is $600k (bas...