I have been researching HELOCs and I have narrowed on few sources. Some offer 95% CLTV and some 80%. Some offer 1.99% for first 6 mos, then 2.99% with a floor of 2.99%, while some offer tad higher interest rates.
My...
Hello Everyone,Do you have any recommendations for a HELOC originator? I want to capture the equity in my primary home(condo) to fund my first BRRR deal. I'm looking into Bank of America as they don't charge annual f...
I was quoted 4.75% and 3 points on a $127,500 loan (25% down on $170k purchase) Trying to figure out if that's competitive or not.
My credit score is good-great, in the 680 - 720 range. I have no debt. I won't sa...
I'm getting a seller credit at closing for $8000. My Mortgage broker at Ruoff says I should use $4500 for closing costs and 3500 for rate buy down (3900 gets me to 6.25%). This saves me approximately $100 per month (3...
Hi all,The end of 2023 we purchased a 4-plex with $12224 in discount points on the mortgage. Three of the 1-BR units are rented out and the one 2-BR unit is our primary residence. It is my understanding that for a ren...
I would like to sell a second position mortgage portfolio I own. Any suggestions on the best way to value it.
We sold a portfolio of properties to a single buyer, all notes are performing. The notes are interest on...
I'm trying to understand the tax implications of investing in discounted real estate notes. I've heard a couple of differing opinions about how to calculate what is taxable income, but I'm curious to hear from some CP...
Hey Guys!What's going on in your market for Multi-family? Where do you see the prices trending? What do you see people doing differently today (This year) compared to what they were doing last year? How does SFH comp...
How do you identify an agent that has successfully negotiated steep discounts on New Builds in the Orlando/Daytona Beach area?
Is a fix and flip loan the best option for this scenario? The property is being bought at a discount and has equity built in already... no need for funding to do renovations.. is there any other forms of financing th...