This is my first post but I have been reading a lot about "Due on Sale" clauses. For years now lenders have rarely enforced them (although it has happened). One of the initial reasons why these clauses were created wa...

Hey guys, What are your thoughts on doing a cash out refinance on our current home to rent it out, and use the money for a downpayment on another home we would move into.The current house has a principal balance of 14...

Hello, I'm not new to being a landlord but I'm new to private lenders.  I recently have been working with a private lender on an off market duplex estate in a B+ area that a lawyer brought to me.  It has been a long b...

What are some good quick reference websites to check commercial loan rates for an apartment building?  I'm looking at different buildings and don't want to keep calling my local bank contact at 1st State Bank for numb...

"I like HELOCs because it doesn't change the interest rate on the property. A regular home equity loan is usually where you refinance and there's a change in the interest rate."
What's a higher profit mainly please &...

Our lender told us that second homes purchased after 2 Feb 2022 will now be charged a tax (4% of home price) up front.  Has anyone heard of this?
Jon
 

I've worked with the same buyers for about 7 years now and they've all pivoted or changed their buying criteria the past couple months. I've networked, networked and networked and either find "buyers" unresponsive or ...

Hello everyone ! My father owns number of small shops which are all rented out and generating a good rental return . Time is changing fast and number of people now prefer to shop from malls and big stores . Though rig...

Hi there everyone!
Do mortgages with escrow built in just increase randomly? Is it due to increased taxes?
My wife and I had our mortgage increase by quite a bit this month, due to unanticipated escrow increases. I ...

Say there's a property and it is the same price whether all-cash or financed. It is the lower end of prices at $50k, which will give higher returns and be the better decision? Why?