Good Evening, I just closed on a duplex in the same neighborhood as my others. They all rent for $650/door or better. Tenants pay everything except sewer. I met with one of the new tenants tonight to go over things wi...
Hi all,Was recently offered a commercial mortgage with the following terms. Interest Rate: 5.75%Repayment Schedule: 20 yearsMaturity/Term: 5 yearsPrepayment penalty: 5,4,3,2,1Index Value FHLB plus a 2.5% margin. 20% d...
With inflation hard upon us, more expected, and with money harder and more expensive to get, do you see a downturn in new residential home building? Seems inevitable, doesn't it?
I started out by renting my condo to a friend 3 years ago when my company moved me all over for a work assignment. I was able to save up quite a bit as my living expense was paid for and I put away all my salary an...
I heard this notion 3 times in the last couple days: going to wait and safe my money until inflation is over and prices come down again, one of them a fellow investor!! It seems to me that people think inflation is ba...
Hello BPConsidering buying our first home as a primary residence. We want to start a family and move into a house we can call home.With interest rates so low, we can get a great rate on a 15-year mortgage.However, we ...
I've been actively looking for my first rental property in the Cleveland area for the past few months, primarily I was focusing my search on duplexes, tris, and quads. I've recently been looking into small mixed-use c...
Has anyone installed solar panels on their investment properties? I've looked into this per someone's suggestion, and looks like there are some federal grants and loans that allows you to install, and also if the pane...
For those who are lucky enough to make over $450k/year, what changes are you making?
From what I understand
1) tax rate goes up to 39.5%
2) you cannot take mortgage deductions anymore?
3) dividends from your corpor...
The senate passed a small business bill 61 to 37 on September 14th that will greatly help re-invigorate SBA lending. If this bill becomes law, the following items will be of significant benefit to borrowers.
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