Adam Sha
Investment Dilemma: High Rent vs. Mortgage Payments in a City with Lower Wages
I'm considering purchasing a property in a city where the average household income is around $50k per year, and houses are selling for $250k to $300k. Most rents in the area are around $1500 - $2,000 per month. Howeve...
Justin Tahilramani
Cash Out Refinance Investment Property - Are these good terms?
Hello BP,I'm in the process of completing my first cash out refinance and I wanted to get your take on the terms that i'm being offered. This is a tenant occupied SFR that doesn't have an existing mortgage.- 75% LTV (...
Ryan Webber
Need Cash-out Refi
Does anyone have any recommendations for a smaller cash-out refinance on a couple apartment buildings? It would be a $700,000 loan.
Joe Guz
pull out equity
i have a 4 unit property with 40k equity i need to pull out 20k for a new property my bank has 50% LTV, were can i find 80 to 90% LTV so i can pull out 20 k equity? thank you in advance
Peter Wachira
Why are mortgage note rates higher than regular mortgage rates?
Can someone explain to me how mortgage notes end up with interest rates of over 10%.Is this simply the interest that the home occupier is paying? Or some fraction of it? Either way it seems a bit higher than I would e...
Steve Stinson
Huntsville #15 - Cities With Strong Economies Remain Attractive
U.S.
Low-Cost Cities With Strong Economies Remain Attractive as Housing Market Slows
Remote workers willing to relocate help push small, affordable areas to the top of the latest WSJ/Realtor.com indexBy Nicole Fried...
Autumn Rankin
Commercial refinance needed Texas
Who should I use to refi my commercial building? It’s owner financed, she offered to take an additional $10k off if we can pay her off now. We paid $100k and put $ 20k down. So now it would be just for $70k . In Texas
Joshua Duvall
Attention Michigan Lenders!
Hello wonderful BP community. I wanted to post here first, as I love this community! My LLC is ready to refi our rental property out in Wayne county in Michigan. Yay! This is our first BRRRR. I am looking for contacts...
Chris Lamm
Referral fees from agents?
As most know, FHA opened up the conflict of interest rule where lenders can now play dual roles as agent and lender if they wanted to.RE companies have been trying to get into the loan business, or have lenders pay th...
Carla Holmes
Title insurance ??
I picked up a SFR at an auction but I can’t obtain financing because I’ve been unable to get title insurance. My attorney tells me it’ll take 7k and 180 days. Any thoughts on how to get these types of properties ins...