Are the interest Rates rising soon? and if so, what are some RE strategies to still be successful. I’m a newbie newbie!
Hello BP, I am hoping you could help us. I am working on trying to keep the interest rate at 2.5% on my mom’s house that we are inheriting now. The property is in a trust but the loan was taken out in my mother’s nam...
Hello! Quick Question!
I am in the middle of getting a loan with a small credit union in my area, and recently rates dropped and I asked my lender what the rate was now and he said it was the same for my deal. Does t...
My wife and I just purchased our first investment properties (2 four plexes) in October. The tenants are all low income and some don't even have bank accounts. The previous owner is a family friend and he has always...
Would appreciate any insight as this situation is somewhat unique and I need to make a decision quickly. We are borrowing 300k and are locked in at 3.875% (locked in July) to close on a home in 3 days. Spoke with our ...
Well, its taken about 4 to 5 years for interest rates to drop about 3 percent, so roughly .75 percent per year. How fast do you thinnk they will rise? How fast can they rise? I am not well versed on what happened in t...
Hello there,
I’m closing on a property next week on conventional 20% down loan. My lender locked the rate 4.75% at least 2 months ago and I believe rates have dropped a little. I’ve already asked the lender to run an...
How do you see the sell off of these securities changing real estate investing?
The Changing Real Estate IndustryOne of the biggest changes over the past few years in the economy is real estate. This is an industry that was essentially the same for decades. However, in just the past ten years, th...
So far I have only worked with one agent, an old friend. She is a wonderful agent and from what I can tell does a great job helping people find their homes; their primary residence. But I don't think she has the inves...