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12 April 2017 | 8 replies
I compared the QL closing costs to Bank of America (who has an awesome closing cost estimate calculator based on state), I learned that BofA is about $10K cheaper than Quicken Loans.
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15 April 2017 | 29 replies
If you enjoy making lots of money I'd suggest the DC area. 10 of the richest 20 counties in America are in the area which means often that even mediocre jobs have good pay.Now we do have higher taxes, and high housing costs...but the taxes are easy to deal with when you make a lot, and the housing is actually pretty reasonable when measured against incomes and is thus more affordable than places like Boston, NYC, Seattle.
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17 April 2017 | 4 replies
The HELOC is $34K currently at 4.5% ARM.With this rental property that used to be our primary residents, I'd like to begin the process of setting it up as an LLC and begin investing in more rental properties in the area and even other states as Orlando, Florida and beach communities where my sister lives.HOME EQUITY LOAN:The Bank of America $300K HELOC was a 2.9% Adjustable Rate and we recently locked $212K into a 4.7% 30-year Fixed Rate.
6 April 2017 | 11 replies
Forget about national banks (Chase, Bank of America, etc.) and look to the smaller, regional banks.Make sure it cash flows before you take out the loan - less expensive houses are tough to cash flow with a mortgage on them.
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7 April 2017 | 1 reply
America is currently suffering from a housing shortage.
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26 June 2017 | 7 replies
We are exploring the idea of using such a platform with a Reg D 506c offering to advertise and scale our business.I've been researching Fund America, CrowdStreet, InvestorFlow, Wealth Forge and a few more.Any recommendations or experiences with these platforms?
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14 April 2017 | 2 replies
The seller is the United States of America.
11 April 2017 | 1 reply
So, I understand that you shouldn't count on appreciation when valuing a property for investment purposes, but I'm wondering if anyone has done extensive research and attempted to project the value of SFHs in rural ar...
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22 October 2015 | 1 reply
I wouldn't waste my time with the Wells Fargo or Bank of America size institutions.