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11 February 2025 | 4 replies
So I ended up using 0% interest business credit cards which I liquidated to purchase and renovate my property (total credit limit of about $95k total).
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4 February 2025 | 4 replies
These estimated costs should then be reconciled back to actual costs or the purchase price.Have you had a cost segregation study performed?
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5 February 2025 | 205 replies
Was previously purchased with a Builder to erect a SFR residence on.
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6 February 2025 | 3 replies
I recently purchased a second foreclosure property, another condo on the east side, and am looking forward to flipping this one.
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19 February 2025 | 13 replies
., allowing investors to purchase properties at a fraction of the cost compared to cities like New York, Los Angeles, or Chicago.
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7 February 2025 | 0 replies
If this effort gains traction, it could fundamentally reshape the U.S. mortgage market, impacting financing options for real estate investors nationwide.The Role of Fannie Mae and Freddie Mac in Housing FinanceFannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) are government-sponsored enterprises (GSEs) that purchase mortgages from banks and lenders, package them into mortgage-backed securities (MBS), and sell them to investors.
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13 February 2025 | 16 replies
We managed over half of the purchase price in cash and then the remainder was held as a 3 year seller's note.
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14 February 2025 | 37 replies
Dear BP community, I am currently evaluating a property for purchase, and the listed bedroom/bathroom (s) count does not match with the county records.
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4 February 2025 | 7 replies
If you can show that the numbers work, you can get 100% of the purchase and rehab covered.The key is finding lenders who work with new investors.2.Partnering with Experienced Investors– If you don’t have capital, you can offer your time, effort, and hustle in exchange for a piece of the deal.
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10 February 2025 | 8 replies
Taking a 15 year mortgage will hemorrhage your debt to income ratio and make it difficult to qualify for more home purchases in the future.