What's the going cap rate in reading PA
Can someone with a lot for knowledge regarding HMLs , help me in understanding how the Interest and Points work with a Hard Money Loan ?EXAMPLE:Say a HML says they charge 4 Points with an Interest Rate of 12% If The T...
Hi everyone!
I need some advice. I just read Sott Trench's "Set for Life". It was a great book and I am going to follow his ideas. But I'm struggling with deciding whether I should pay off my consumer debt first or ...
I've hit a bit of a stumbling block and need some help. I am having issues with putting up 20-25% down on an investment for conventional financing. I am looking at multifamily properties with no more than 4 units cu...
My landlord association in MA has a security deposit receipt form that states the following: "To save time, you should deduct the interest amount from your rent check each year. Ask me and I will tell you how much to ...
Hello,I planning to purchase a property in Milwaukee, WI. I submitted an offer on a property yesterday and I am waiting to hear from the seller. Are there any portfolio lenders that service the Milwaukee, WI area? I h...
I've identified a promising opportunity: a 40-unit multifamily asset with significant value-add potential. The seller is seeking $3.5M with an assumable loan. Key details:
- Existing debt: $2,038,000 at 3.8% with 7 y...
Hello BP Community,I got a MFH loan for $400,000 with my personal bank (Wells Fargo) back in June. It doesn't expire until October. The interest rate is 3.625%. WF has high lender fees and the interest rate could be b...
Hello BP,I'm new to REI and running the numbers for my first property. I'd really appreciate experienced investors to take a look at my work and let me know if my assumptions are sound or if I'm completely off base. A...
Hi there,My business partner and I have been exploring some areas of Charlotte, particularly southeast/Matthews/Pineville area, but we're open to hearing about other areas of Charlotte as well.We were curious if anyon...