Rob Evans
Investors are selling their real estate because...
I have an open-ended question, but I will throw it out there anyway. My wife was surfing the internet and saw a page with the title "Investors are selling their real estate because...". She did read the article, and...
Tim W.
Help with Mortgage Financing on Small Multi-Family outside Pittsburgh
Hi All,
Was hoping to tap the groups expertise on explaining/guiding me on financing options. I'm looking to by a 4-plex property outside Pittsburgh for about $220K, and am confused about lending options.
I'm 41 an...
Jeff Tumbarello
FDCI eats another, Treasury getting read to eat 2 elephants
Correction: FDIC
http://www.fdic.gov/bank/individual/failed/silverstate.html
On September 5, 2008, Silver State Bank, Henderson, NV was closed by the Nevada Financial I...
Chauncey White
Commercial loan process
The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential property.
You are able to obtain NON-recourse financing (not personally liable) for commerc...
Nathan E.
Partner Split
I am trying to get an idea of a fair split for an apartment complex deal that is currently in negotiation. Without going into great detail, there are essentially two parties: the managing partners, and the money part...
Doug Smith
Interest Rates and the Middle East
I know that for some of you this will be elementary, but many on BP are not in finance. If you would have asked me a week ago (after hearing Chairman Powell's most recent comments) I would have bet that rates would co...
Chin P.
Maryland Security Deposit Trust Accounts
Question for those landlords operating in Maryland. I understand that the Maryland Security Deposit Law requires landlords who collect security deposits to deposit the funds collected, within 30 days of receipt, into...
J. Mitchell Bernier
Mortgage Rates Steady Rising
The 30-year mortgage averaged 5.66% this week, which is up slightly from 5.55% a week ago, but could be moving higher over the next few months. The FED is doubling down on its quantitative tightening(QT) program start...
Esther Kim
HELOC- Prime Rate or One Year Treasury Security Rate
Am looking to take out a HELOC on my rental property (mortgage free) for about $70k for repairs. The property value is about $725k. I have been offered a HELOC through a local credit union based on the One Year Treasu...
Ray G.
Commercial Loan Terms Analysis help for Multifamily deal
Hello BP gurus,I posted this in the multifamily forum and may have posted there incorrectly, so reposting here while i figure out how to remove my other post.In the process of purchasing a small commercial residential...