Account Closed
Need HELP...Purchasing My 1st SFR Package Deal
I am looking to do my first package deal of 4 properties. 3 properties have paying tenants and 1 property the seller have their property manager living in the home rent free. The sellers are out of state owners that i...
Dan Miles
Should I cash out refi?
So, I got a call the other day from a lender that currently has my 2 bed 2ba condo. The lady told me that they were reviewing my current mortgage and that since property values went up about 25k. I could refi, take $...
Christina Davis
Interest with seller financing.
Hi All,
I am looking to purchase a property with owner holding the whole note. Right now I rent from him. The property was purchased as a fixer upper, an I had to do a few things to make it liveable. More works nee...
Paul M.
apartment financing forecast
I've got until end of 2026 of a fixed rate period on a 5+ unit mortgage, then it adjusts for another 7 year period. Has been 4.5% since 2020, any crystal balls on where rates will be in 2 years? I mean it stands t...
Maiko Miyake
hard money lending vs conventional
what kind of difference in rate are we talking about here?
Laith Al-Tamimi
Cash Out refi
Hey fellow investors!My partner and I bought and rehabbed a house w our cash and now looking to pull our cash out. What banks do you guys like for this method? What are the rates if you’ve done one recently? Is “DSCR”...
Robert Vieira
Conventional Financing for 6 or More Units
Hello Everyone,
Are banks giving investors hassle when trying to obtain financing for multi-family properties less than 6-units?
If so, what are some ways to obtain funding for 2 or 3 unit apartments at a reasonable...
Christopher Scott
My Best Mistake in a While
Given the current interest rate environment my wife and I decided to refinance our primary home. I'm always on the look-out to decrease my monthly payments and at 2.5%, how could I say no?
As anyone who's done this b...
Matthew Allen
Average Commercial Interest Rates in August 2020
I’m potentially locking up a smaller apartment building this weekend, the seller is willing to carry the contract 30-year amortization, 5-year balloon, 5% interest, and 75 LTV. Thoughts? What are the going commercial ...
Christian Nachtrieb
Taking advantage of falling rates by refinancing now
Hey all,Who here's been taking advantage of falling interest rates to refinance any of their investment properties? I'm curious what rates folks are getting. I'm in Boston and I've called maybe a dozen or so banks and...