By now you might have heard that a few financial institutions in the US and beyond have run into some difficulties..Somewhat counterintuitively the implosion of SVB bank and the downgraded risk of other regional and i...
Ask any question regarding multifamily lending with Fannie and Freddie. Topics may include proper expense guidance, COVID-19 escrows and their releases, net worth and liquidity requirements or non-recourse elements. I...
I recently purchased my first rental property with no money down. I did so by necessity as I am cash broke! However, I do put a substantial amount of money into my 401K account every pay check. I have always been r...
Return citations were getting thrown around on another thread a few weeks ago so I took the liberty of dusting off some old finance texts where people try to get quite specific about citing returns. The case is made ...
Has anyone used these people? Good or bad? I've heard that they have some upfront fees depending on how much you borrow?
Apparently Liberty Rental Finance is a new subsidiary of Ocwen and specializes in providing bundled loans on portfolios of single family houses and apartment buildings. I am working with a loan officer right now on a ...
I'm trying to retrain my brain on this kind of product compared to the traditional Principal and Interest. My thought is why wouldn't I do an all interest 10 year loan at 4.99%? Prepayment penalty is only the first ...
Hey!
I was just wondering what everyone thinks about keeping your reserves in a 60/40 stock/bond portfolio? Maybe having a slightly larger amount of reserves than normal to be able to withstand any sort of downturn?...
Hey everyone,
I'm curious about some different ways to structure a partnership with a house hack, if I would live there and they would not. In this case, the property would likely not cashflow so what is in the deal ...
Hi-
The garage floor has seen better days. It’s never been painted and has over the years had oil and likely gas spills.
The area is 220 sq ft (just a 1 car) and from what I see in 1 gallon cans will more than cover...