A few years back I was studying mortgage products and learning what other options are available for debt. One of the things that intrigued me was that ARMs can have payments lowered if you prepay the mortgage. I fou...
I finally finished my 2nd rehab. I started it on 7/2. It took WAY too long! I learned a lot as it basically needed a little bit of everything.... foundation, electrical, plumbing, HVAC. I ended up being in it t...
Im trying to see the difference between a $500k 4.5% 30 year and a 3.76% 7/1 ARM but cant seem to find a calculator online. Im trying to finance a property coming up and was quoted $2500 or so for the 30 year at 4.5% ...
Is this the latest "in" thing that I'm missing?
You would not believe the run of people I've had--three felons in a row in the last day--the latest was for child abuse(!). (Of course he had a pre-packaged story about...
Hi -I am new to real estate investing and in the middle of purchasing my first commercial property through a broker. Is it common for commercial properties to have adjustable rate mortgages as well as prepay penalties...
has anyone used the making homes affordable programs to help in finding motivated sellers and investment opportunities? I worked with a. Company that send us to the homeowner to see If they wanted help to save the...
I recently closed a wrap-loan with a local bank where I financed a home with a 3 year ARM on 20 year amortization and then sold the home as owner-finance with a 5 year ARM and 30 year amort. Having to this made me cri...
My broker asked why i chose a certain title co. He wrote, “we are not using Xxx title co.” I dont think its up to him is it? Im the seller and doing 1031 exchange to avoid a $50K tax bill and i dont want the broker in...
Greetings!
My first post at Bigger Pockets --
Thanks to Bigger Pockets, the podcasts, REIA's, meetups, books -- I have an made an offer that has been accepted. Hoping it is the first of many transaction...
I was just reading the local paper in Osceola County.....a local reporter was stating that 49% of Central Florida homes are upside down (mortgage exceeding value). Orlando is at 55%. The stats say that of all sales ...