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Hello All,Check-out this article on BP regarding short-term rental lending options and how DSCR loans stack up as compared to other lending options specifically for STRs:Short-term rentals continue to be one of the ho...
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Hi guys!I was once told that in a real estate market crash, the surrounding area of a city will fall in value just as much as the most desirable areas in the city. Basically saying that even though the outskirts didn'...
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For a jersey city multifamily purchase i am looking at some 20% down 30yr fixed mortgages. It would be an owner occupied 2nd mortgage, and have to rent my current place out - it seems they need to see a rent lease to ...
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Hi all!
I have a quick question. As many socal folks know, hedgefunds such as Blackstone have stopped being so active because the numbers no longer work. My buddy who was working there just quit because his t...
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I have spoken to two lenders this week and interest rates are so high compared to even a couple of months ago. In October I refinanced for 3.125 on a rental, in February I got a rate of 4.125 on a rental and now I’m b...
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If I do a cash out refinance on my primary home to invest in my first rental property, is my home then tied to the investment property and will I have an issue refinancing the investment property when we finish the re...
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Hello Folks,I am a new bee and first time posting here. We are living near snohomish area. I’ve seen couple of multi family properties in sultan. Can anyone share some insights of this location and any experience.
He is a very good time line as to the melt down mess. Scroll to the bottom and read your way up.
Also of note: BEAR STEARN, one of the largest US investment banks wen't POO POO on Friday! NOT GOOD!
Here is the sub p...
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I have been in the RE Business but was in a car accident. My health is back and I can start a new career or do what I love! REAL ESTATE! My grandfather helped build Grande Coulee Dam and my Brother just retired workin...
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Hi:I was wondering what folks experience is with the new units for heating that attach to the ceiling? Fujitsu 24000 BTU heat pump/air conditioning vs central heat through out the house-propane. I live in the Santa ...