Is there a standard for this?
Hello,
My wife and I are looking to close on our first STR deal. My mortgage broker is telling me that with the current market, we are likely going to be required to put down 25-30 percent. Our financials are good, ...
I'd like to buy a residence with a margin loan secured by a stock portfolio. However, due to the variable rate, I'd like to be able to refinance it as a conventional mortgage down the road. One of the advantages to ...
I have a real estate agent in eastern TN that wants to charge a 10% commission to sell bare land. Isn't 6% standard for any type of real estate or is it normal for that to flex depending on the type of property being...
Is it legal for hard money lender to charge interest on full rehab amount even though full rehab amount was not given. We have 90K rehab money which was funded by Hard Money Lender, however due to stricter guidelines ...
Saw a quadplex and thought it was a SWEET deal. Did the numbers using estimates and it worked. Then I found out about the $25k taxes. Then I found out the $14k expenses. That is $3k on top of the $6k($9k total) mortga...
What are the typically Cap-Rates in Cleveland Heights for a B-C property 10-15 unit property. We're looking at a building off Mayfield road, near the Coventry and Lee area. We have several properties in Atlanta, but...
So I just got off the phone with my broker and she mentioned that after my down payment the loan looks to be too small. She said that the loan will have to have a higher apr. She mentioned to get a higher loan and pay...
Guys,Could you please guide me to a better comping formula?It's easier to comp properties with some parameters similar, like the same number of bedrooms, but different number of bathrooms, or bathrooms number increase...
Hello! I just purchased my first vacation rental in Aruba in the Opal neighborhood in Noord. Any other Aruba investors here?