The Real Estate Bowl

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A bowl for those currently in and thinking about real estate investing.

Thoughts on the market in Denver given the pandemic? Will prices start dropping soon?

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Well there it is tenants asked for additional days to pay. Both parents laid off or something. I waived late fee but still expect payment. I get the situation but also who doesn’t have at least ...

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Thoughts on getting your real estate license? Not to become an active agent but more so for investing, family & friends, and word of mouth.

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About to put an offer to buy my first home. A little worried about the timing. Have a stable job and more than enough for 20% down. Does it make sense to wait?

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Anyone know any lenders that will do a no to very low closing cost refinance on an investment property? I’m at 5.85 percent on a preorder and would obviously like to get that down.

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Potentially buying a multifamily unit in Boston. Goal would be to convert into condos and resell. Do mortgage lenders let you do this since you’re slicing up the deed ?

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Anyone else having trouble filling vacancies right now? Any creative solutions? Tried video tour, more pix. It’s only been on the market two weeks, but that’s longer than I’ve had to wait before.

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Where do we think the 30 yr fixed rate will be come May/June?

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Jittery on closing on a multi-fam.3 Fam house, near metro area. Pmt will be $1.7k/mo post rent - I will live in a 3 bd/2bath. Units are same layout. Should I close based on the market, thoughts?

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I’m in the multi-family debt and equity business. What has the situation been over the last few weeks for everyone both on the investment and financing side?

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Hi Everyone - trying time refinance my 30 yr to 15 year. Currently have 4.5%. What lender have you seen offer the best rate for 15 year? Lowest I have seen is 2.875% with LoanLock

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2.875 APR no points 30 year fixed $1m+ loan close later this week. I wanna thank the Lord Jesus, my family, and my mentors for the wisdom to negotiate this rate on my forever house. #FED #QEForever

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The last housing recession took 5 years to bottom from the stock market crash. Was lucky to buy my first home at the bottom. If COVID-19 keeps people locked in for 3 months, this will happen again.

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Using redfin agent for buying.. recommended? Pros and cons please!

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Any recommendations on an area to invest on a condo in Chicago? Open to suggestions in other cities as well Austin, Tampa. Budget 300k. Chicago seems ideal, been there many times and feels like one

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Looking to buy in the DMV suburbs (northern VA). Is this the wrong time for such a move? Beyond down payment, got about 6mo emergency fund and must tap into it for moving&house expenses like furniture

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Currently have a 30 yr fixed mortgage at 4.375% and have the option to do a 15 yr fixed at 2.875%. Should I do it? Have the money and not worried about losing my job.

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Locked in a 3.2% interest rate for my mortgage. Thanks, COVID!

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I removed all contingency on the house bid but now I am not sure I want to go ahead with the corona virus situation. Can this situation be counted as force majeur? Can I get my escrow money back?

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Beginner question. If my offer is accepted and I decide to bail, what am I liable for?

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