In August 2012 I became a first time home buyer in Nevada. My rate is 3.75% on an FHA loan. The house was purchased in concert with a non-profit who provided $15K towards principle. I bought the house for $100K. T...
Mortgage rates are about 6.9% right now, and have been trending downwards for 2H 2023.
There's a poll going on in these forums, and most of you believe that mortgage rates will decrease in 2024.
I'm not betting on...
Opinion on re-finance terms:
Im currently at 3.625% with about 26 years left on a 30 year fixed.
I was offered 2.8% 30 year fixed on a VA IRRRL refinance. Loan would
re-set to 30 years, but principle and intere...
Hey everyone!Here's the deal. I have looked all over and crunched the numbers and wanted to see what the overall consensus is on a FHA to Conventional loan to get PMI removed. Since I put less than the required amount...
Can anyone explain the pro's and con's of refinancing vs HELOC on a rental property you own free and clear? The goal is to continue to purchase more properties, utilizing capital as efficiently as possible.
I recently had a house I was looking to purchase jump 75k in one week. It was enough to put me off buying and back into the research process. I came across this article (https://www.realestateconsulting.com/where-are-...
Hello All,I'm currently looking for a multi-family property in the Columbus OH area. One thing that concerns me is the step up in property taxes being above 2%. This really hurts CoC returns, and wanted to see if ther...
I have accumulated savings and I am ready to invest. I want to buy 3 sell 2 hold 1 or use the brrr strategy but I cant help but feel the market is overpriced and at a peak. My concerns are that my investment is going ...
Hi everyone,
New to the forums and going through the lender approval process for a multifamily (aiming for a quadplex). This will be my second home purchase, but it'll be owner-occupied. I'm getting FHA interest rate...
A big question that investors are facing now is as follows, since the fed hiked the rates, and it is only getting higher, does that mean that there will be a real estate crash in the near future?
for instance, if I d...