Capital Markets Commentary
– September 10, 2024
Good Morning! Here is a quick update on the market for you:
Fed's almost certainly going to cut rates this month—traders are split on how big it'll be though.
Odds a...

I'm looking to buy a triplex with FHA loan. Is there any way I can get a lower PMI or find a FHA lender who has lower PMI rates ?

Hi,
I’m looking at a 4 unit deal in the Chicago area. I’d appreciate thoughts on whether you think it’s worthwhile.
This is my first buy and hold. I’d like to scale at a moderate pace. 
I have a decent job, so I’m ...

I responded to a recent blog post from a mortgage broker urging his clients to lock rates in now. This is a common refrain from brokers that don't want clients to wait for rates to possibly decrease. Rates could obv...

So many prospecting leads come through on a daily basis, and the same answer is always, “waiting on rates to drop.” But why wait? The people who waited when rates were 2-3% are the ones still waiting at 7-8-9%

http://www.reuters.com/article/marketsNews/idINLO16834320081026?rpc=44

Fed to cut as markets implode

Swiss wealth manager Sarasin, for example, is warning clients to expect U.S. data this week to show falling new h...

Scenario: This scenario is an amalgamation of a few inquiries that I've had in the last couple months. Person purchased a neglected facility using hard money. Took a few years to get licensing, permits, etc, to either...

I found this awesome article:https://medium.com/@andersem/a-guy-just-transcribe...TLDR:It’s a chart that almost perfectly predicts the San Francisco housing market using only three variables: The number of jobs locate...

I read quite a bit that it is better to leave a unit empty then to fill it by lowering your standards.

The economics would suggest otherwise. An empty unit equates to an 8+% drop in yearly rent for each month empty,...

I just got home from the bank, went to sign papers and go over everything before closing. detail.single family rental  - buying for 40k with 20% down - conventional loan 30yr fixedbuyer agreed to pay 3% in closing = $...