Khurram Mirza
Fixed rate vs variable in current environment
A lot of newbie investors at the BRRR refinancing stage will have a tough time deciding whether to go with Variable vs Fixed rate mortgages due to Gov continuous rate hikes. Variable gives pre-payment flexibility and ...
Griffin Pratt
ARM loan smart for investment prop in todays economic climate?
I'm a St. Pete based RE agent looking at purchasing rental property in the area. I'm having trouble making the numbers work due to the surge in home values following the pandemic paired with higher interest rates is m...
Jin Zhang
Any recommendations on 30 year or arm loans with low rate from bank or credit unions?
Hi everyone, I am currently looking for a loan either 30 year fixed or arm loans with good rate. I live in the Bay Area and am looking into purchase an investment property in Southern California or out of states. Do y...
Ben Sears
Advice on Evaluating Several Loan Products
We have a small LLC that began flipping houses almost 10 years ago. We're now evolving into the buy and hold market and I would like some help evaluating some different loan products that I've been offered by some of ...
Brett Hogan
ARM to Conventional
looking for some opinions on an idea. im checking on a few arms. one that i like particular is a 30 with 10% down at 4.64 apr. 5 year lock ins with no more than 2% change with each change. if i use this to purchase a...
Chris Torbert
Realtor making the transition to REI...Deal Analysis Feedback
Hi everyone, I have been silently observing here on BP for a little while now, rapidly educating myself on all things REI. I am a Realtor working to make the transition over to real estate investing. My ultimate goa...
Randall Williams
Just bought #3: am I missing something?
Hi,
So, I just bought a second rental duplex. The structure seems bulletproof, but I wanted to run it by y'all to see if I'm missing something - thanks for any feedback you can offer.
I bought my primary residence ...
Rick L.
Crunching Numbers: Various Financing Options & Debt Service
I'm transitioning from perusing small residential multifamily properties (2-4 units) and SFH's to larger 10+ unit properties. It's been easy to compare deals since the financing has been strictly conventional fixed r...
Matt Jesse
My first deal...anything I'm forgetting?
1st time poster. Long time lurker.
4 unit property - 3 are tenant occupied, I will live in the 4th
$370k purchase price
$3200 monthly income
$19k in seller assisted closing costs
$11k - 3% buyers agent fee toward cl...
Derrick Sakai
Types of Mortgages: Basics
When mortgaging or refinancing property, there are three types of mortgage options that you can choose from. These are the three basic mortgage options:
1. Fixed Rate Mortgages
2. Adjustable Rate Mortgages
3. Balloon ...