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Hi all, I recently received my property tax bill for a new rental I purchased this year. The previous owner was an older owner-occupant and paid virtually nothing in property taxes due to homestead and other elderly e...
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Any financial wizards out there?
I am in the midst of refinancing a small apartment building and taking out equity to be deployed in passive syndicated offerings...My lender has offered a fixed 5 year rate and a 7 ye...
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As a mortgage broker, I got lots of questions from my clients and realtors about what does the recent Fed rate increase mean for mortgage rates in the future. In this quick video, I share my thoughts.
*Excuse the me...
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I have been lending for a few years now, with terms anywhere between 6 and 12 months. I've been approached by someone I've lent to in the past asking for a 5 year term. Great history with this borrower, always pays, n...
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Below is a chart of the cities with the best CAP rates vs the worst CAP rates.
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Good Recap by Mortgage News Daily on yesterdays FOMC and ensuing reaction of mortgage rateshttps://www.mortgagenewsdaily....There was some debate as to whether or not the Federal Reserve would hike the Fed Funds Rate ...
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Hello Gurus, this question may sound a bit odd but I have to ask. Here's my situation. I own a couple of homes in Denver. Both are now rentals. For one of them, I'd like to sell it to purchase another house, as my pri...
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Hi guys. Can any actions be taken against the mortgage broker for not locking in my rate when the rate was still low? We have been trying to refi since November. We are in March and we have submitted everything they a...
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Hi Fellow investorsI am currently scoping out the mid-hudsonvalley (Poughkeepsie, Fishkill, Beacon etc ) for potential investment with a BRRRR strategy.I am compiling some information, considered staple for farm area ...
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I'm trying to get a good idea on rental rates for various types of properties (MF vs SF, total rooms, etc.) in my city. Some areas I know well, others are a giant, black hole in my mind.
All of the online sites make...