Sales are up 6.3% YOY through July. Median sales price is down 4.5% to $210K. It will be interesting to see if volume increases dramatically with interest rate cuts.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $305,000
Cash invested: $70,000
I bought this property then updated bathrooms, paint, hung new doors, new ap...
Now that our banks have all but devolved into GSE conduits I was wondering what the consensus is for the fairness of selling homes with loans on them when interest rates drop.
It is just for the banks to deploy the...
Mortgage Rates Moving Into High 3'sMortgage rates continued lower today, adding to an already impressive streak of improvement that began in mid-July. Much of that improvement has come courtesy of increasing concerns...
Hi! New to bigger pockets and would love some advice on refinancing or not...We bought a $640K Multi Family home in 2012 (north hollywood, Ca) with a 3.5% interest rate, FHA loan.We refinanced in 2015 and took out 10...
Click bait headline, but a fair amount of truth to it. :)
A lot of "private lenders" are actually borrowing on a personal HELOC to re-lend to you. Their profit margin is the difference between their HELOC rate, and ...
As interest rate discussions continue to dominate financial headlines, investors in commercial real estate (CRE) and multifamily housing must understand a crucial truth: Interest rate drops alone will not solve the ch...
I know the market had priced in a .25% drop into loans for the last few weeks maybe a month. So when do we start to see the extra .25% hit on the loan side?Why i ask is i am looking for a DSCR loan and hoping to see b...
I am curious what are some other investments strategies other investors are currently focusing on in San Diego? And how is it going so far?
Hey Team,
So as the title states, I am late to the game as I just turned 52. I continue to hear that real estate investing outpaces any other investment account. I am not in need of positive cash flow, although I ...