Jesse Sumner
Dodd-Frank modification vs. refinance
I am researching an issue with regards to a loan with a balloon payment that is maturing. I have been told that under Dodd-Frank if a note with a balloon payment is renewed with the exact same terms it previously h...
Seth Goetz
Own agent or listing agent
Sometimes I think it would be better to use the listing agent on the MLS deals because they can double-dip and they might be able to talk the seller into your price what do you think any information or experience wou...
Brian Ortiz
owner financing refinance requirements
I was looking to purchase multiple owner-financed homes with balloon payments all around 10 years. If I re-financed these deals around the 10 year mark, are there any lenders that will exclude income requirements. I a...
Devon Rollison
The power of the 1%/2% Rule In Real Estate
Does/has anyone ever come across houses that fit the 2% rule or at least 1.5%? Is it actually achievable in houses over $100k? I know that under $100k you can easily get 1-1.5% in a lot of markets but what about over ...
Stryker Brown
Closing Costs Expectations
What's a reasonable number to expect/project on closing costs for a rental property. I am buying a duplex for $110,000 and the mortgage broker just quoted me $8,500 in total closing costs. This seems quite high to me....
Joel Owens
Fannie Mae - 36 Billion for 2016
Talking to another commercial broker today about a strip center. He said his associates were fixing to list a 1 billion multifamily portfolio and then a 500 million one.There is a rush in larger Multifamily to lock do...
Benjamin Cowles
Who do you NOT market to?
I'm compiling my own list of properties with equity, along with others, and going through the property data base online you find a lot of trusts and llc's holding Co.'s. I know to avoid banks and I believe I've read ...
Chinyere Ofonagoro
Newbie from New York interested in small multifamily investment
Hello , I am a Newbie and this is my first posting on the forum. I am interested in small multifamily homes in the New York area. My areas of interest include NYC( exclude lower Manhattan -too expensive), the lower Hu...
Steve H.
Foreigner Investing in USA Funds
As a NRA investing in US real estate funds, (the funds invest in multi family / MHP / RV / warehouses etc) would these be taxes as FDAP or ECI?
These funds will give various percentages depending on profits made. Th...
Steven Santon
Great News! VA Loan Funding Fee reduction starting 7 April, 2023
Good afternoon all, Just wanted to share some good news. The VA just published their new VA Loan Funding Fee rates last week. Most of the rates are reduced (compared to the current ones) starting on 7 April, 2023. Jus...