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All Forum Posts by: Ramki D.

Ramki D. has started 28 posts and replied 117 times.

Post: Solar Panels on Rental property

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

@Rohan Chopra it is new construction and builder approved installer is sunpower. Either lease or buy from them only

Post: Solar Panels on Rental property

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

@Rohan Chopra you leased it or bought? For me zero down for lease

Post: Solar Panels on Rental property

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

@Jacob D Adamczak got it. Thank you

Post: Fixed vs ARM for rental property

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

@Will Fraser great explanation. Thank you so much.

Post: Solar Panels on Rental property

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

@Jacob D Adamczak thanks for sharing the link. would it be good idea to add the system to purchase price of the house? Or should I buy it with cash? Thanks in advance

Post: Solar Panels on Rental property

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

@Jacob D Adamczak thanks for sharing your thoughts. Since this is an investment property, will I get any tax credits?

Post: Fixed vs ARM for rental property

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

@Stephen J Davis thank you. I am going with 4% without points

Post: Fixed vs ARM for rental property

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

My lender is offering 4% rate for 30 years fixed and with half point (1300$) 3.875% for 30 yrs fixed. Is it a good idea to pay half point (break even in 69 months)? Or go with 4% and refi at lower rate later. If I refi after an year, will I get a better rate with no cost no fee ? Any suggestions. Thanks in advance

Post: Solar for rental property

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

@Sue K. Thank you

Post: Solar for rental property

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

i am closing my first rental property in Sacramento California couple of days. it is new construction and as per california, all new homes should have solar panels on them. for some reason, solar company (sunpower) is not allowing me to lease the system (20 yrs lease, 48$ per month). i am negotiating with solar company for lease option, but would be a good idea to buy the system? since this is a rental property, will i get federal/state solar credit? thoughts/suggestions please.