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11 October 2007 | 8 replies
Trying to acquire a house for rental purposes, long term strategy is to rapidly build a rental porfolioPurhcase Price is about $55,000 two financing options available:1. 90% loan which will be at %7.25 interest and tie up $5500 down payment..will also cost and additional $468 in private mortgage insurance(PMI).2. 80% loan, @ %7 interest, will tie up $11,000 down payment, but will save the PMI ($468 a year) and a %0.25 in interest and ofcourse financing less which will lead lesser payments and lower interest paid.. the total savings of interest saved, PMI, and cost of barrowed less funds will come out to about $90 a month which is about $1080 a year savings over finance plan #1..which way is better to go?
25 June 2008 | 32 replies
I know it’s something to consider but posting that these RE practices are usually fraud, or raise red flags and could lead to prison time is definitely not necessarily 100% true, whether coming from you or your attorney.
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17 October 2007 | 10 replies
There is a forum set up just for that and below you will find the link that leads to that forum!
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23 October 2007 | 11 replies
I read a LOT and from a variety of different sources so I'll just let the other members take me where they wish to lead and try my best to learn something from every post I read.And how you would like to contribute to the site with what you know?
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16 February 2019 | 5 replies
I just joined this board recently, and I'm doing deals in south florida, but I occasionaly get leads from the orlando/kissimmie area.
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9 November 2007 | 22 replies
Be careful with the emotional attachment, don't let it lead you into paying more than your numbers tell you if you get into a counter offer situation.
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22 October 2007 | 10 replies
You might want to check out the link below that leads to the Creative Financing Forum.Creavtive Financing Forum:http://forums.biggerpockets.com/viewforum.php?
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28 October 2007 | 17 replies
You do not have the time for most things that lead to finding great deals locally.
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25 October 2007 | 6 replies
Hello there Kris-you might want to try the link below as it leads to a thread that i think will help you out in your search for good business cards!
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4 December 2007 | 18 replies
If all you require is the "assistant" to hand your fliers, get leads for you and keep an eye on the people visiting your open house, how about asking your mortgage banker for help?