Alejandra Roca
Loans with no interest rate cap? Too much of a risk?
It's our first time applying for a commercial loan. The bank is offering 6.5% 15 year loan, where the first five years are fixed, but after that it becomes a variable rate. The caveat is that there is no cap on the ra...
Charlie Fullerton
cash-out refi into higher rate
Would you do this?Rental Property Value: $900kCurrent Mortgage: $467k, 4.1% - 30 year fixed @$2,317 Monthly P&ICurrent Cash Flow: $3,700/month (~41% margin)New Mortgage: $630k 5.4% - 5 year Lock @$3,900 Month...
Gabe Apple
Thoughts on the changing market
Real Estate Agents - is anyone noticing changes in buyer demand the last few weeks with current listings? Interested to see the impact of the interest rates in terms of the effect it has on buyers using conventional f...
Francis Rusnak
Higher rate out of state?
I've been told you need to put more money down (25%) and can expect a worse interest rate on a loan for investing out of state. If I got approved for 3.8 for in-state rental property, approx what can I expect searchin...
Robert Shoffner
Postage: First Class Stamps vs Metered
Has anyone noticed any substantial change in response rate when shifting a mailing campaign from 44 cent first class stamps over to the metered option? My first thought is this would lower response rate a bit. Just ...
Damon Bodine
Massive changes coming to NYC Airbnb. -Good for house hacking?
For many years house hacking in NYC has been doable but challenging. The price points, building sizes, roommate law, and higher than average down payments have always left house hackers with limited options. A r...
Daniel G.
Partner's Outside Basis Change After Payback
Hi, I'll do my best to make my question as simple as possible to understand. Suppose that a sponsor raises capital for a multifamily property acquisition between himself (General partner) and other limited partners. T...
Gary Fraser-Lee
Loan Due on Sale clause when changing name on Deed
I have a rental property that I want to move into a newly created LLC in order to get it out of my name directly.Since I have a mortgage on the house, I reached out to the Mortgage company and they say that I can not ...
Jon Huber
How I purchased an $800k multifamily with no money
Hello, my name is Jon Huber. I just closed on my latest acquisition. It was a 6-unit apartment complex in one of the most desirable neighborhoods of Fort Lauderdale, Wilton Manors. This area is one of the most competi...
Leonardo Bellot
Market Crash for wholesalers?
Hello! I am new to wholesaling and ive made couple deals but there have been alot of talk about the market crash starting off 2022 so i just wanted to know IF the market crashes will that hurt wholesalers alot? Or be ...