Following the Fed raising rates yesterday, I am send out a note to my investor clients with my quick thoughts on what happened and where I see things going:On a very basic level, the Fed controls how much money is in ...
Are lenders required to give you a pre-approval letter. I got a referral from my realtor for a local lender for pre-approval. I informed the lender I would be acquiring multiple "quotes" to compare so please provide a...
I have a rental property that I paid cash for. Now that the rehab is done and I have a tenant, I'm looking to finance it. I've been talking to an affiliate of Wells-Fargo. The good faith she sent me shows $0 originati...
We bought the house in 2014 at $830K and moved out in June, 2018. After that we changed that to rental, rented out for one year at $3200 per month, and after that we did remodeling and changed to airbnb. Before remode...
Does anyone here use NREIG for insurance and if you do. Do you have mortgages? I am looking into them, but I don’t think this would work for me with a conventional lIan. Just looking to see what others who have NREIG ...
Official unemployment figures for the Austin economy were updated today. Numbers for June have been finalized and preliminary figures for July have now been made available.
June
The unemployment rate fell to 7.3% in...
One lender told me my rate is fixed at 5.6% and I can take out 180k which is 90%LTV. Another lender told me the max he can do is 80% LTV and we can take out 96k on that HELOC and the rate is variable but can be change...
I apologize if this subject has already been posted. If it has maybe someone can direct me to the discussion
I just realized that Airbnb has now changed their platform - so rather than displaying a nightly charg...
In an era marked by rapid changes in the commercial real estate (CRE) market, investors and property managers are increasingly seeking ways to future-proof their investments. From technological advancements to shifts ...
Hi All!
I am a mortgage loan officer and I have a lot of my clients and people on BiggerPockets reaching out to me about mortgage rates and where I see things headed so I wanted to try and provide this post to give ...