Eric Johnson
What happens when I stop paying the mortgage payments ?
14 May 2024 | 14 replies
Here’s what typically happens when investment loans go 90 days into default1- loan is placed in “non per forming category”2- non payment information sent to credit bureaus, and borrower shows “90 days late”3- Fair Issac credit score drops 150+ points4- credit requests get denied, credit available is at rates 5 points higher than before5- notes are accelerated by lenders6- legal fees are added to principal balance owed7- the lender accelerates the loan8- interest rate is increased from the current Rae to the “default” rate9- late fees are added to the principal balance
David Savoy
meetups in Austin area
13 May 2024 | 11 replies
There's two I currently go to in Austin, TX: Every Wednesday at 12PM at the Jalisco's Bar & Restaurant in Buda, TX, and the North Austin meet up in The Brass tap bar near Natural Grocers on North Lamar.
May Mirzaei
Very new to real estate investing
13 May 2024 | 10 replies
I think some of the newer construction is sitting well above current market value and could be in jeopardy if the market adjusts or the economy continues to fluctuate with inflation.Depending on where you live and what your comfort level is there are several other states that can offer a better cash flow for a similar price range.
Lily Ochoa
In need of 55K
13 May 2024 | 5 replies
You can definitely work out something with the seller that makes your offer contingent on the sale of your current apartment.
Dave Meyer
Is Real Estate Still the Best Asset Class?
14 May 2024 | 164 replies
That is true, but is it the best in this current environment?
Jeffrey Radcliffe
Self storage using Solo 401k funds
14 May 2024 | 13 replies
I'm currently doing both.
Victor Nguyen
Single Family Unit or Duplex for a First Time Investor?
14 May 2024 | 16 replies
Seems you’re looking for appreciation with steady income and that’s a good approach in this current market state.
James Brisson
Current Cash out refi costs and rates … HELP
9 May 2024 | 5 replies
Hey all, so I’m currently in the process of doing a cash out refi on one of the triplex’s I own in Fitchburg, Ma.
John Oks
Navigating the Sunbelt Housing Crunch: The Build-to-Rent Boom Amid High Interest Rate
9 May 2024 | 0 replies
Hello all, I just wanted to share with you a piece I wrote about BTR trend in Sunbelt states...would love to hear your thoughts about it.The Sunbelt states of the United States are currently experiencing a housing conundrum, a cocktail of high interest rates (approaching 7%) and dwindling housing supply that's reshaping the real estate landscape.
Joshua Swaney
New to wholesaleing
9 May 2024 | 4 replies
Prioritize education through online classes and local meetings, cultivate a network of experienced professionals, and stay current on market trends and rehab prices to ensure successful transactions.