Maddan Pun
Fairly New Member interested in REI in greater Raleigh Area...
27 April 2016 | 6 replies
I often put in my playlist in my 'Podcasts' app and listen to them religiously.
Ryan Kozuch
Confident and Potentially Lucky Newbie from Milwaukee Area
17 June 2017 | 6 replies
Some mortgage brokers (not lenders) sometimes take a casual approach and you haven then later a rude awakening when you find out that the deal you have been working on for months is going to fall appart, because your financing does not come through.
Darren P.
15 year fixed killing cash flow...help
13 December 2019 | 6 replies
I am a somewhat newbie BRRR investor.Right now I have 3 properties and I am thinking of 2 more to keep momentum.When I bought those 3 it was with my own cash so cash flow was great (ignoring other aspects).Now I have decided to borrow against those 3 to fund my next 2 properties.With what I have learned I can now easily tell if my properties will cash flow with a mortgage on them.Here is the problem ...I can only get a 15 year fixed at 5% ( long story that I do not want to get into here).With a 15 year fixed the mortgage is higher and attacks my cash flow.When I run the numbers on a prospective property with borrowed money I can barely eek out any cash flow and even worse, some are negative.This really got me bummed out and stunted my enthusiasm :-(But then I had an awakening thought!
Mabel L.
Re: What would you do with a lifetime leased unit?
12 June 2020 | 50 replies
Moving out is emotional, and you don’t want to awaken any hidden feelings.
James Shinn
203k house hack with a pre-foreclosure home
17 August 2017 | 8 replies
As with most new members, I've listened to the podcasts religiously and have my thoughts stirring about how best to get into the house hacking game.
John Jackson Jr
Take full years rent from unqualified tenant?
8 August 2021 | 51 replies
Religious beliefs?
Ann Bellamy
Seller financing is about to get ugly on Jan 10 2014
8 January 2014 | 51 replies
The attorney will then decide that the best case for his client is to claim the loan residential - and that his client didn't understand the documentation he signed or was under duress to sign it.Another issue is that state law can still be used - for instance a homesteaded property in Texas; or for that matter any primary residence, is a persons personal homestead, purpose of loan not withstanding.IMO, lenders who think that they will be able to do "work arounds" the consumer finance legislation are in for a big awakening.
Drew Beard
Best Exit Strategies
19 August 2020 | 3 replies
Hello all,I am new in the real estate invested game, and I have been listening to BP podcast religiously sense getting into it.
Peter Lipschutz
VERY IMPORTANT! Read this and let's discuss NPNs!
15 August 2017 | 11 replies
We did and she's been paying religiously for 3 years.Your concerns are unjustified.
Brandon Hall
From 0 to 1,000 Posts - How Contributing to BP Breeds Success
5 November 2021 | 118 replies
It took me over a year and a half of religiously posting on BP to see the fruits of my labor significantly pay off.