I am looking for some advice on how to proceed with my current situation. Back story:I purchased my first and only investment property in 2017 using a 30 year conventional loan with I believe around a 5% fixed interes...
I’m weighing options on whether or not I want to refinance my primary residence. I am in no rush necessarily to pay off my home, so we can leave the debt free vs not debate for another thread. I am also only interes...
It's easy to go with conventional as most are versed in that product yet there are so many other options out there. It seems the few lenders I've spoken with all want to direct to conventional vs anything else. Is it ...
All,I am new here and new to commercial real estate investing. I do have a few single-family homes rented out. This will be my first apartment building investment. I could use some advice from experienced investors he...
Hello,I am hoping to gain some advice in deciding between multiple HELOC options. I have researched several options through banks near me and am having difficultly knowing how decide which to choose. Any advice is wel...
Hello,
> Assumption:
- Single Family residential rental (one-unit) (CA) with good (~45%) equity built .
- DTI maxed out for Conventional loan requirements (Freddie-Fannie based loans)
- DSCR just reaching...
Hello and thank you for reading. Bottom line up front: Is it a reasonable assumption that Cost of Funds will be higher than 3.50% five years from now? Additional Info: I'm purchasing a 24-unit in Pittsburgh and am com...
*Title Edit: Which Matters More: Lower Interest Rate or Lower Monthly Payment?
Novice Investor here
Would it make more sense to go with:
- higher interest rate
- less money down
- no PMI (bc of higher interest ra...
Hi all, I just received the below term options on a DSCR new purchase loan (780 credit score). I'm curious to learn if these seem in the reasonable range including the fee amounts. I'd also like to ask if the rate di...
Hello everyone.
I picked up a small condo in the Bradenton FL area off a wholesaler and recently rehabbed it. Everything is done and I am considering using a DSCR loan to pull a cash out refi. I've typically only had...