I bought a short sale in Jan 2013 for all in of $54,000 with Self Directed IRA. My plan at the time was to spend about $15K and rent for approximately $1200. The seller, who entered into short sale, approached me at...
This questions isn't based all on RE but it is a question on my future RE career.
I am currently a freshman in college and am going to transfer to either Texas A&M or U of H next year. If I go to U of H I will m...
What the people want and vote for doesn't really matter. The libs know better. AZ , by a large majority wants their borders closed and the law enforced. Feds don't seem to. Ca voters wanted same sex marriages stopped....
Just got off the phone with a lender that was interviewed recently on Dave Meyers' podcast.Had some of the best terms I have come across so far for DSCR loans.BUTThey DO NOT allow you to do ANY renovations (maximum pa...
Hello everyone,I recently got in touch with a mortgage broker so he could run my numbers and tell me what I could afford to purchase. He came back and told me that my debt-income ratio is already at 58% WITHOUT consid...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in East Los Angeles.
Purchase price: $475,000
Cash invested: $70,000
4 Unit acquired with business partner Chris via Hard mon...
Hi, I'm a 21 year old college student thinking of dropping out of college to start investing Real Estate. It doesn't make sense for me to take on huge amounts of loans so that I can be stuck in a full time job. I w...
I have a 2 year old and 4 year old and each have a pretty decent little savings account going. What options do I have to invest their money for them? I'm not a huge fan of what I understand about a 529 plan as I don...
Hi, I need some help. I have 5 properties left to me after my father passed away. However, 3 need major repairs, new kitchens bathrooms, insulation, plumbing you name it it probably needs work. I was raised in a cash ...
Hey BP, I was wondering if you are financing an acquisition with debt and equity, is it necessary to show proof of funds for anything besides your equity portion? Thanks!