Do private lenders ever lend at 6% or less? (I mean lenders not relatives).
Also is it ever reasonable for a lender to ask for a $500 application fee? Sounds suspicious to me...
The State of Illinois recently passed a statute into law that allows regulators to examine and publicly report on delinquency rates, as well as take action against lenders whose rates are too high. While the statute s...
Hi All,
I understand that:
CAP rate = NOI/purchase price
Value = NOI/CAP rate
So, if I want to establish the VALUE of a property, how do I get the CAP rate?
I took the following notes in a...
where do you guys see interest rates going in the next few years. 1-3 years from now.
Hi All,I am looking to pull an FHA loan and I've noticed the rates have jumped after the election. Can anyone provide any advice on whether they will keep rallying or this was just a knee jerk reaction that will soon ...
What is the typical interest rate from a money lender as opposed to a bank or other standard loan giving entity?
Where can I find how much appreciation has gone up/down in certain states/cities?
Any sites that will provide me this information? I can not find any that I can trust. I have found some, but I am not sure whether or...
I understand that the cap rate is NOI/Purchase price. My question is - what is included in the purchase price?. Should it be the purchase price plus any acquisition cost?
I have been doing some research and even called a realtor friend. Despite getting answers I don’t have what I feel is a strong feeling to what a cap rate is and how it applies to real estate and analyzing deals.