I know that for some of you this will be elementary, but many on BP are not in finance. If you would have asked me a week ago (after hearing Chairman Powell's most recent comments) I would have bet that rates would co...
Question for those landlords operating in Maryland. I understand that the Maryland Security Deposit Law requires landlords who collect security deposits to deposit the funds collected, within 30 days of receipt, into...
The 30-year mortgage averaged 5.66% this week, which is up slightly from 5.55% a week ago, but could be moving higher over the next few months. The FED is doubling down on its quantitative tightening(QT) program start...
Am looking to take out a HELOC on my rental property (mortgage free) for about $70k for repairs. The property value is about $725k. I have been offered a HELOC through a local credit union based on the One Year Treasu...
Hello BP gurus,I posted this in the multifamily forum and may have posted there incorrectly, so reposting here while i figure out how to remove my other post.In the process of purchasing a small commercial residential...
Ever wondered how to track the market for mortgage rates, especially when it comes to Non-QM and DSCR Loans? Check out my latest article published here on BP!Thoughts/comments/feedback? Did I forget anything? let me...
3 or more reasons WhY Commercial properties are vastly superior to residential properties:
The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential ...
There are a lot of mixed signals in all the real estate markets across the US.
Some say the real estate market is crashing, some say it’s not.
I think we can all agree that everyone is seeing changes everywhere.
...
Hello! I'm seeing that mortgage rates have been rising for the past 4 weeks where 30-year mortgages are at around 7% and 15 year-fixed mortgages are at somewhere close to 6.5% now. I've read that this is because of th...