Devin Williams
Newbie Stuck at financing
We are ready to go did the education (ongoing of course), saved a decent down payment, found a couple properties that make very good deals, but are stuck at financing.... so now we are back at the drawing board. Reach...
Duke Giordano
Syndication Using Fixed Rate Debt
Hello All,I am seeing more and more syndications get me nervous with the current debt terms at this juncture of the market and interest rate risk. Many value add syndications are still using bridge debt in a typical ...
Jonathan G.
where to incoporate
I live in California and currently acquiring an apartment complex with friends in Texas. Where would it make the more sense to incorporate the holding LLC, Delaware, California or Texas?
Colleen Murphy
Confused about compliance issue regarding cash-out refinance
We are working with a lender to get a cash-out financing loan on an investment property that own. But, we were just denied for the loan with the loan officer saying she was, "unable to get the refinance approved throu...
Manny Vasquez
Investors are withdrawing money from REITs in record quantities
I just read an article on the Wall Street Journal https://www.wsj.com/articles/i... stating the fact that investors have responded to rising interest rates by pulling money out of real estate funds in record quanti...
Lucas Forschler
Line of Credit on a Rental when owning 5+ Financed Properties
I've peaked around the forum and can't find anything recent that addresses this question.My husband and I currently own 9 properties, 8 of which have financing. One is a primary residence, 3 are ongoing flips and 4 ar...
Twana Rasoul
5% Down Conventional Loans for 2-4 unit Multifamily
Fannie Mae is coming out with new guidelines to allow 5% down payment on 2-4 unit multi-famiy (Owner-Occupied)...This is huge news at least for an area like San Diego where FHA (3.5% down) can't be used for 3 and 4 un...
Steve Kirsch
is it advisable to have insurance on the mortgage of a loan?
Hello BP family. Any thoughts on obtaining mortgage loan insurance? not property insurance, but insurance that would cover the balance of the loan in case you lose your life and you do not want your family to incur th...
Senad Pali
Approved for $500,000 FHA Loan
Hello
I have recently been approved for a $500k FHA loan and I am looking into something in the NYC surrounding area. I have a steady job working for the City of New York for about 2 years now.
Any advice on what...
Juan Calvo
Property tax assessments vs appraisals
I am looking at some county tax records that show :- Land Appraisal: $7100, Property appraisal: $30300 and Total appraisal: $37400Then below there is a Total Assessment value that is considerably less than the total a...