Mortgage rates were supposed to be going down by now, but what happened? Even in late 2023, many housing market experts predicted that we’d be seeing high to mid six percent mortgage rates at this point and hovering a...
Sandra K Lance
Buying our rental from current owner via subject 2...help?
We have lived in our current rental 7+ years. We just found out the homeowner lost his main source of income recently. We moved in because they had an urgent need to move (job transfer out of state on short notice), s...
Marcos Torres
What would you do? Help!
What would you do? I currently have 3 units. One unit is a single family home. The other unit is a duplex. I own the single family home with a close friend of mine. The house is fully paid off and is worth about $100,...
Avinash Tuta
Interest only for 700K
Hi had a thought to buy a house that i want to stay for 5 to 6 years that cost over a 1M$ .i want to sell my current home and use that money for down payment for a new home.
i want to take interest only loan for the...
Bobby Walters
Best LTV for Refinancing Rental Properties
Hello Everyone - I'm looking to implement the Refinance part of the BRRR strategy and am seeking advice on lenders you'd had a good experience with. Maximizing the LTV is of particular interest, so I'd be keen to kno...
Christopher "Bear" DeSanctis
DSCR Ratio - how is NOI estimated
Considering that DSCR = NOI / Debt Service and NOI = Gross income less operating expensesWhen institutions are looking at operating expenses for a new purchase, how are they calculated? For example, if we know the g...
Busy people tend to be...busy, and often, real estate investing is one of the things that they “just don’t have time for”. If you feel that way, listen to today’s guest, Dion Mcneeley as he describes his own system fo...
Michael Ratzken
Seller-carry Multifamily in Tempe
Investment Info:
Large multi-family (5+ units) private money loan investment.
Purchase price: $630,000
Cash invested: $240,000
This was my first multifamily fixer-upper, In the summer of 2019 and I h...
Juan Aguirre
Seller Financed Office Building
I am currently in contract on this office building. It was arranged on a 5 year interest only, seller financed, with a balloon payment at the end of the 5 years. This is my first office building, and I see tremendous ...
Allan Rosenberg
Patch of land rate of defaults and return of overdue funds
I have loaned ( alot) of money to rehabbers and people flipping houses in NY and NJ.A while back I decided to try to invest a very small amount with Patch of Land ( $5000). I was tempted to invest in additional loans ...