I am seeing significant increase in investment loan interest rates due to recent announcement from Fannie Mae.They are limiting investment loans intake and Lenders are asking significant down payment like 25% with 4.6...
Has anyone used a "203k FHA construction loan"? I am curious to know how it works and what the rate is relative to the typical FHA-conforming loans.
An interest rate cap is essentially an insurance policy on a floating interest rate loan.This caps/limits the maximum interest expense exposure for a borrower using a floating-rate loan.Lenders also benefit as they ca...
Can someone please give me a rough estimate of what interest rate I should expect to pay for a 16-unit apartment complex? I would prefer a 30 year fixed loan, but I'm not sure what is typical for commercial. I have 79...
Getting into investing in real estate and I was just wondering how interest rates affect the market and in what situations would a low interest be good along with a high interest rate. Can higher interest rates make i...
My wife and I have three conventionally financed properties (including our primary residence). We are in the process of purchasing a fourth, with a fifth identified. As I understand, conventional financing is genera...
Hi All,I was hoping I could find out what the current rules are on this from any mortgage lenders or brokers: If I buy a house with lended private money when can I refinance into a lower interest loan and cash out the...
Concessions are a great way to make buying a home less expensive. There are a couple of ways you can use concessions and a couple of ways to get the seller to offer them. Here is an overview of concessions.
If you ...
Hello BP team!Having a tough time finding a company to cover a multifamily property that I intend to owner occ in Jersey City. And when I do, the premiums are insane. Anyone have any homeowner insurance contacts local...
Can someone once explain (on simple terms) what an Limited Liability Company really is please...