Austin Round Rock MSA employment workforce keeps growing. The cumulative labor force expanded from 1,314,900 to 1,350,700 year over year comparing August 2022 vs August 2021. The unemployment numbers decreased from 3....
When looking to obtain "cash-out" refinancing on a 4-Unit Multifamily Property, how do lenders think through sizing the loan? Is it based on residential methodology (e.g. market comparables) or more so commercial meth...
I was speaking to a company and they told me they only do 2-4 Unit property's I am looking for 350K Loan, for a 6 Unit that is like 80 Percent LTV and I need it fast. Looking to pay like 10 Percent interest but do not...
My mortgage broker was offering to lock the current rate (investment, 6.4%, no point) for 6 months, at the cost of 0.5% of the mortgage amount. I am thinking about whether I should take that bet or not - say I pay 2k ...
https://www.gotrendvision.com/Post2WebResponsive.aspx?FtId=6...Here are the stats for the 3 county area around Sacramento. There were fewer homes for sale in Nov 2023 compared to Nov 2022 and we had fewer sales in Nov...
Can someone please explain to me how buying points work? Will buying 1 point decrease my interest rate by 0.25? Because I have lenders telling me it won't, but my research contradicts that. Do different lenders apply ...
With the rise in interest rates, we are seeing price decreases on MF properties, at least here in Ohio. While we were expecting to sell our 45-unit in Dayton, OH for $3M, we are now looking at a sale price of $2.8M. O...
https://www.statesman.com/news/20190801/dallas-fed-austin-economy-continues-strong-expansion
Job growth has surpassed 2018 and 2017 growing by an annual 4.7% and unemployment below 3%. New jobs in the tech sector cli...
Hi Guys,I am a fairly new investor and I am looking at purchasing a 7 unit apartment building. It is located in a mid-sized regional town with a good employment base. I am more familiar with SFR, so I am somewhat an...
Hello BP world and those interested in seeing how COVID has affected rent prices.
I would like to discuss an article here and some things I have been seeing.
#1 this article
https://www.apartmentlist.com/...
Now ...