I just recently used my 10th Fannie/Freddie mortgage so I’ve been diving in to learn about my lending options moving forward. I spent the day yesterday calling local banks and here’s the decision I’m trying to make:I ...
My question is concerning multifamily properties. They are valued using cap rates, cap rates are driven to some degree by interest rates. Given that the Fed has been raising rates and we are in a rising rate environ...
Are multifamilies remaining vacant in this fragile environment?I found a few multifamilies for sale that have been vacant for 6 months and a year. Has anyone had trouble filling their rental units longer than 3-4 mont...
I have been buying like a drunken sailor for the past two years because of low interest rates. I had four loans at various interest rates under 5%. They were 5 year arms with 15 year amortizations because I went with ...
Seeing the market in reading the big brokerages reports on the main metros I invest in, everyone estimate rent growth at 0% for at least a year or two. Expenses naturally rise with inflation - insurance, property tax,...
What are some things you can add/change to a property to make it more eco-friendly?
Hey everyone!I'd like to bring a concern that I guess gets attention of many of you out here:With the current market uncertanty, lenders are avoiding risks and tightening the terms(higher DCSR requirements, lower LTC'...
Hi Everyone, I'd first like to take the opportunity to introduce myself as new BP member in the Northern NJ area and to thank you guys for the expertise, advice and overall great resource you all provide. I've learnt ...
In a high-interest rate environment, every penny counts when it comes to managing your finances. One area where this is particularly true is in paying down your mortgage. For most people, their mortgage is their large...
I've been an investor for 30 years. I own and manage 60+ units. Best life ever. I've always said I'm an investor not a speculator. Properties are being priced at levels I don't understand and if I bought them they wou...