Pace Jordan
New guy from Phoenix, AZ
16 March 2021 | 12 replies
Nice turnaround. http://www.forbes.com/sites/morganbrennan/2013/01/23/americas-fastest-growing-cities/
Melissa Griffin
Lending question for a rental property
16 July 2018 | 1 reply
Wells Fargo, Bank of America, etc. are notorious for taking applications and telling you everything is great, and then coming back with stipulations or denials that should have been mentioned long before an application was taken or credit was ran.
Elizabeth Wilson
Anyone buying property outside the USA?
22 March 2019 | 3 replies
I know there are internationals who buy property in the USA but wondering if there were Americans who were buying property outside of America.
Tony Thomas
Anybody from Sacramento ???
9 January 2022 | 64 replies
For example:I hitchhiked across Latin America (Colombia to Chile) for 20 months.I taught myself to speak Spanish and Portuguese without formal lessons along the way.I landed the jackpot of a firefighting career in a major metropolitan city fire department after four years.I’ve stumbled plenty.
Account Closed
Broker Challenge: Find me a $1M+ House - 7-8% Rental Yield
24 October 2023 | 45 replies
The yield goes down as the price goes up, maybe everywhere in the world, definitely in America.
Roohil Hamid
Section 8 Real Estate Investing
21 December 2023 | 69 replies
I visited the Mall of America, too?
Alexander Beaulieu
How to Legally Protect Ourselves
6 March 2019 | 6 replies
The local Bank of America branch has specifically told me that they will finance purchases via LLCs, though I have not tried it.
Account Closed
Liability Worries Keeping me on the Sidelines
6 February 2018 | 7 replies
Having children and having family members with serious health issues tends to give you a different perspective on working in corporate America.
Matt Stefanik
B of A refusing me information!
14 September 2010 | 2 replies
Just spoke with Bank of America regarding a short sale and I'm now being told that they cannot give me any information regarding the file because it is a "conflict of interest."
Account Closed
New SFR Analysis!
1 July 2015 | 4 replies
He told me there are several showings scheduled today so I'm hoping to take a peek at it as well.Bank of America, asking 69,900.I'm thinking of borrowing $60k @ 10% APR from a private lender.Cash offer of 55k.$85k appraisal (conserative) would give me 68k cash back.. so after paying closing costs, and the investor back, I would have about 3k.68k loan, 5%, 30year = $365/month = 4380/yrRent = $750/mo = 9000/yr minus 4380 DS = 4620 minus 1000 for taxes and insurance = 3620, minus 10% vacancy, and 10% capex = 2900 cashflow/year or 241/mo.I plan to self manage, put even if I added another 10% for PM, I would still be above $200 CF.Is this a good deal?