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-The Fixed Rate HELOC is 5.49% for 20 years.-Here is the info for the ARM: • Rate variable based on Prime -.51%. This rate includes all applicable discounts. • New minimum monthly payment will be Inter...
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I applied for about a 95k equity line on my rental property today and the loan officer said I'd have to pay $340 a month interest on the line even if I have no draws against it. Either I misheard him or one of us is ...
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I am preparing to return a security deposit for one of my tenants How do I figure out the interest on deposit which is 1400 ?
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Happy new year hope everyone's having a great start! Ill get to the point i am meeting w a potential private lender this up coming week, i have been doing my homework and educating myself with what i can to approach t...
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So I called the bank to do a cash out refi. For $150,000 mortgage on my primary. My payments will be $2000 a month with a 6.75 interest rate. I have all this equity & still can’t afford to have my money work for m...
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Hi - From what I've been reading there are restrictions on HELOC interest expense deductions. Does anyone know if I take out a HELOC on my primary residence and draw funds to purchase/improve rental property (1) will...
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I'm considering buying a property in the Mexico (Riviera Maya area) for approximately $100K. I'm looking at this property as a place I can use as a vacation property, short term rental, and a retirement location far i...
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I'm starting to focus on finding private lenders. I am learning about SEC rules and regulations. Does anyone have input on how they have found their lenders. Also what rate do you pay/offer them? Do you pay them month...
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My question is how do private money lenders earn their money back? Is it just monthly payments from the buyer? Can anyone give examples?
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Hi everyone,
My husband and I are attempting to refinance a property in Colorado and are running into trouble due to the increase in interest rates. We are considering renting out our current owner-occupied home to d...