I'm selling a package of 8 duplexes. According to my research a pure Cap Rate does not include property management expense. Haven't used a property manager, however all repair and maintenance expense has been included...
Hey guys, what interest rates/ loan origination fees are you guys seeing right now?Through my mortgage broker I just got a quote for 3.875% for a 30 year investment loan on a SFH. Origination Charge is $1740 with anot...
We do a little landlording renting out SFH's. We try to run this like a business. The tenants are our customers and we provide services in the form of clean decent housing. Usually it goes well.
Over the years we ha...
Hello. As a first time buyer I went forward with the mortgage company my realtor recommended and now I'm worried I did not get enough competitive offers for a loan. About us: My partner and I have excellent credit (~8...
Hello- I am an experienced landlord with a rental house in DC and now am considering purchasing a second single-family or multi-family in LA area. I would like to discuss some scenarios with an experienced, professi...
Hello all:As you all probably have already seen, interest rates have gone up in the recent weeks. Im in the process of getting a new property. Im getting it with a conventional loan. However, I got a called today say...
My PM firm is located in NC and we manage just over 800 doors. Our management fees have gone basically untouched for the better part of 10 years. Our firm has a very simple fee structure that includes 8-10% of RENT CO...
I've accumulated quite a few rentals in the city I live in, and the focus has always been cash flow, but I'm considering purchasing my first "vacation rental". While I have set formulas for my lower/middle income inne...
With my first SFH rehabbed and rented, I'm seeking delayed financing. I've already learned it pays to shop around, as I've been quoted between 4% and 4.85% for a 30-year fixed.So far, Aimloan has the best rate at 4%, ...
Following up on my earlier post. I am going full speed ahead with purchasing warehouse space with intention of being owner occupied. Starting to work with various lenders and get their best loan terms. So far it's lo...