Matthew Aubert
Jumbo Loan or Conventional??
I'm wanting to purchase a duplex and a single-family home simultaneously. Can I use a conventional loan or will I be required to obtain a jumbo loan? I read jumbo loans are not easy to get. I understand selling one of...
Jay Gata
Auction.com and hubzu.com
Has anyone ever purchased or won an auction off of auction.com or hubzu.com? Is there anyway to find out what the reserve price is before the auction? Every time I bid it never hit reserve...also I'd be interested to ...
Michael Nijhawan
Strategic Planning
Hello,
What is a better strategy...
Sell my personal house and buy another personal home or stay put and buy a investment property first?
I am a new investor that wants to break into real estate investing, but a...
Greg D.
Deduct state sales tax on a flip?
I sold an investment property in 2015. Maine withheld a 2.5% non-resident tax at closing. Can this expense be deducted / added to the cost basis?
Caleb Heimsoth
FHA loan and then investment property too much debt?
Hello,
I recently thought about this jdea. If for my first home I use a FHA loan and put down 3.5 percent or even slightly more and then turned around and bought an investment property a couple months later, would t...
Asa Clancy
New Member In CT
Hello BP, I am a new young member here in Connecticut. I have been interested in real estate for a while now, but I work full time as an automotive machinist. I have been looking for information about real estate inve...
Jory Sturdevant
Newbie investment question
Hello I am new to investing but this is something that I feel is better to get involved in while I am "young and dumb." I have been watching properties for the past 6 months while I saved up a cash reserve and almost ...
Max T.
Credit Line as Reserves
Hello everyone,What are the collective thoughts on having a line of credit instead of actual cash reserves?I know it sounds ludicrous! Cash reserves are what get you through those times when all the Capex comes down o...
Dominick Persino
PITI Reserve requirements?
Is general industry standard to have 3-4 months PITI reserves in bank after closing?I heard 1 month for USDA, 3-4 months for FHA so just seeing if I should wait if I am at like 3months PITI before applying.
Alex T.
Would you take this deal? If so, how? - Boston, MA
Many of you probably know that meeting 1% rule in good parts of Boston is all but impossible (0.5% seems the norm). One of the areas I've started researching more here is Chelsea/Everett/East Boston/Revere, since the ...