Ryan Hoover
Greater Scottsdale/Phoenix Market Update. Did we already hit the bottom?
The end is here! Or is it just near?
After almost a full year of receding prices and extended days on market, we have finally turned a corner. I’m not sure if it is the fact that rates have been elevated for some tim...
Alan Walker
Market of the Moment - 11/26/2021
Today is the day to eat leftovers, watch Netflix and loosen your belt. The market however has tightened its grip on inventory. We are just above 300 active homes in Salt Lake County under 700,000. It's true we alwa...
Carmelo Lopez
Are we headed for recession?
After 2 years of unsustainable growth, do you think the United States is headed for recession?
In June, the Federal Reserve raised interest rates and outlined a plan to shrink its $4.5 trillion balance sheet! Sign ...
James H.
drippy faucet...
One of my rentals has a drippy tub faucet. I replaced the valves and the tenant has reported that it is dripping again. I don't know what to do other than tear the wall out and replace the valve assembly. I am relucta...
Nancy Stark
BRRRR in stagflation
Do you think it be more difficult to refinance a BRRRR six months from now? Do lenders reduce the LTV percentage in a depressed economy? This will be my first BRRRR using a cash-out refi but I don't want to be stuck u...
Simon Bloch
Refinance of duplex stalling
I am trying to refinance $970K for a duplex in Santa Clara county (Fannie/Freddie loan limits are $980,325 for two-unit properties) through a mortgage broker. The loan got approved and appraisal done a month ago on 2/...
Ryan Freet
Columbus Area Buyers
How has the market affected buyers in the Columbus area? I feel many haven't been hit terribly hard financially yet, but many buyers have pulled back as money as tightened up. I know I have stopped looking at bigger p...
Terell Brown
Is 75% of LTV standard for cash out refinancing?
I called a couple lenders today to enquire about a cashout refinance on BRRRRR properties. This is specifically on a property that has been acquired, rehabbed, and rented in the span of 2 months. They are all telling ...
Dale Miller
Chase Pauses HELOC's
Chase is the first bank to stop taking applications for HELOC's I just read. Do you guys think more banks will do this and will it get tougher to get mortgages and HELOC's. I haven't found a rental yet and hope that b...
Guy Schreiber
Visiting my out of state investments
HiI'm investing in Memphis and going to visit it for the first time. What do you recommend i do there to tighten relationships and how?I currently have a realtor, contractor and a PM.Ideas?Thanks