@Frederick McCarty I need to help with some clarity here if this is a loan related question and the answer depends on what TYPE of loan the seller is seeking on the next property.Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).

I have been doing my home work on biggerpockets for a while now and need to get some clarity before I make my first purchase.

It uses Census data and makes searching a bit more accessible.In and effort to get greater clarity on what zips comprise MSAs, I spent some time on the Census site trying to work with the ZIP Code Tabulation Area (ZCTA) to Metropolitan and Micropolitan Areas Relationship File, but that doesn’t have the level of granularity I’m looking for.I ended up using the Missouri Census Data Center Geocorr application (http://mcdc.missouri.edu/applications/geocorr2018.html) to get a list in my 'dream scenario' of Metropolitan and Micropolitan Areas Relationship to ZCTA (e.g.

I ask to get clarity on where you are now on the spectrum of management. 2) Based on the answer to the above I would say that property flipping combines sourcing, modeling, financing, and project management.

Everyone is pricing in risk that there is absolutely no clarity on, so expect to see rates and leverage change every few days.

obviously ideally, i would have found this property on my own and wouldn't have had realtors involved, but I didn't know owner financing was a possibility until i happen to meet the owner while my realtor was showing me the property. any clarity would be much appreciated. thanks!

So, I'd say I'm about 50% done my business plan and hoping to finish it soon; the clarity I've gained from putting together a business plan based on what I am seeing on BP is astounding.Anyway, I plan to lurk, ask questions, try and help folks, and seek help from those who are more experienced than me.

How often can you do BRRRR ? Can you only use that strategy every 6 months? Because you will need to refinance ? Are banks cautious on giving out multiple refinance mortgages?

One day the husband of a a client and i started talking and i found out he was into REI. when someone can explain what they do with the clarity and finesse that he did i saw the passion and that it wasn't bs. working hard is something im not new too. i just wanted my hard work to benefit me vs a corporation.

$1.5M is $20,000+ a month in rental income in many markets.I've heard the term before and there's no such thing as "house rich"...there's just rich and that's based on invested net worth.Figure out what you want in life and you will have clarity.