We are all in the same boat. I have been sitting on a great rental for 2 years waiting to refinance. Has anyone found a way to refinance and get cash out for a rate better than 7%?
As an owner of a mortgage broker shop I hear it all... Im just going to wait until rates go down or prices are going to drop soon.. People dont get it, we have inventory shortage. There may be some events that may ...
Just signed up with a lender with an excellent DSCR product in the 5's on 6 month ARM. If you are like me and expect rates to drop by EOY of 2023 then this is an intersesting options. In terms of risk/reward if you...
Hi folks,
My wife and I are planning to buy our first property in Seattle. The property is around 50k over our budget but we plan to offset the additional cost through Airbnb. Anyway, the question I have for this gro...
Hello,I'd like to refinance my first and only mortgage, right now I am at 4.5%, anyone know a reputable lender giving 3% or below? Thank you
Hi folks,As there's a proposal from Fed to increase the interest rate 4 times in 2022, what is your take on real estate investing? If you have the capital for downpayment and you have +ve cash flow, would you continue...
https://www.cnbc.com/2022/09/2...
"Home prices cooled in July at the fastest rate in the history of S&P Case-Shiller Index"
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I’ve been posting for the past week once the bond market began to implode that hou...
My mortgage broker was offering to lock the current rate (investment, 6.4%, no point) for 6 months, at the cost of 0.5% of the mortgage amount. I am thinking about whether I should take that bet or not - say I pay 2k ...
Interest rates just saw a spike after Donald Trump got elected on Tuesday night. Do you think that interest rates are going to start climbing or do you think that they are going to stay put?I read somewhere that the u...
Good Morning BiggerPockets
My name is Doug Meeuwsen and I am a new 31 year old investor from Hillsboro, Oregon.
My question to investor community is related to rent rates when analyzing a property.
As a new inves...