I have heard the US treasury is dropping its interest rates due to corona virus. Does this mean banks will drop their mortgage loan rates as well? If so, is this a good tome to buy properties?
Hey BP, With the recent lower interest rates dropping, I'm considering doing a refi on my house hack duplex. I currently have a 30 yr @ 4.75% and am considering going to a 15 yr 3.25% with my local bank. I'm conside...
Mortgage rate hits all-time low
CA BP Investors - I am here to assist with your refinance/purchase in CA. Happy to hear your story and make your next deals happen!
Hello BP, this is such an Amazing Community. Proves real estate Business is always Giving Back. I’m a Newbie, here’s what I’m Planning to do.Can I purchase a Property with 100% Private money hold on to it for Couple o...
Recently, I came across news about FNME and FMAC planning to roll out long term financing options with lower rates to help our smaller investors. Fannie and Freddie have launched lending programs to allow owners of sm...
Nobody knows how long mortgage interest rates will stay high, but one can start preparing by thinking what is likely to happen if/when they become lower, say in a year or two. Most people seem to take it for granted ...
I have a few investment properties, but i am soon to be closing on my primary home to live in. Is it worth buying down your mortgage rate? I believe I was told for $3100 my mortgage rate will go from 6.90% to 6.60%. I...
As the broker of Graystone Investment Group, many of my agents are worried about the market and struggling with the typical "rates are too high to move" or "rates are too high to buy." However, while rates are high, i...
Hello beautiful community! In the ever-evolving landscape of investments, I'm curious to hear about the strategies that savvy investors are currently employing. I am navigating the financing of a deal via a DSCR loan ...
As you can tell from the title I'm trying to decide whether I should lower my rent or not. Here's my situation.
I have a class A property that I currently rent for 2800/mo. It is kind of niche for the area as I rent ...