Mark Fitzpatrick
Saw Peter Schiff Speak Last Night
Schiff is one bright dude (he predicted the real estate crash), and he doesn't paint a rosy picture of our economic future - unless the government drastically changes course from it's borrow/spending binge in the near...
Kajal Aggarwal
Refinance immediately after closing
Hi All,I closed on a property last week and the loan I got was 7/1ARM at 4.125%. The purchase price is 1.5M and loan amount is 1.2M. I had to agree for the higher rate under stressful situation as I was running out of...
Allan C.
Installment sale property tax basis
If I buy property through an installment sale, when does the property value basis change? My next acquisition is in a location where property tax can significantly change after a transaction. Does the installment sale...
Travis Watts
The Biden Tax Plan - Impact to Multifamily?
Curious to hear everyone's thoughts on the proposed tax plan from Biden and its impact on multifamily, or real estate in general. A couple highlights from the proposal:#1 Elimination of bonus depreciation
#2 Eliminat...
Brant Jones
VA Cash Out Refinance - 100% LTV
Has anyone had experience with a 100% LTV VA cash out refi? I have been considering an IRRRL on my primary residence to drop the rate on my VA Jumbo loan, but received a flyer in the mail today advertising 100% LTV ca...
Angie Castro
Shared utilities for ADU
Hello! I have been assisting my clients in purchasing homes for rent that have ADUs. We do this because their cash flow is good. This is hard to do in this market. The thing is that the utilities are always shared. So...
Kevin Hunter
Please Provide Deal Analysis on a 12-Unit. Feedback appreciated
An off-market deal has been brought to my attention. The owner is not selling, but is not opposed to selling. The unit is a 12-unit apartment building in Connecticut. 11 of the 12 units are currently rented. All u...
Michael P.
Strategy for 3,5,7 yr loan term for Buy/Hold Investor
I'm seeing commercial loan terms for 3,5,7 maybe 10yrs at 20/25 yr amort. Even though the rates are great now..when these come due, most likely rates will be way higher. What are some strategies if you are a buy/hold ...
Jacqueline Coombs
Help! Grand Rapids MI dual use property options?
Hi, all. I need some help deciding what I can do with a deal brought to me by a friend. Property is a two story with a one story side-addition, 3200 sq ft, century-old storefront-type building with 2 1-bed apartments ...
Nick Hedberg
Are you seeing a market shift?
High priced areas shift first and some (not all) areas are seeing months of supply increase. Most lower priced areas are still red hot. What are you seeing?Data: (Single Family Residential) Los Angeles County Months ...