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Bank of America just announced zero down payment, zero closing cost, and no minimum credit score mortgages for Black and Hispanic first-time homebuyers. https://www.bloomberg.com/news/articles/2022-08-30/bofa-tests-no...
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Hi everyone,Many people on BP are seeking a mentor to help them with investing in real estate. My question is what qualities and or skill set do you look for in a mentor. What are you looking to get from the relatio...
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I bought my two investment properties about 8 years ago and at that time hadn’t heard of Th e 2% rule. When I recently learned of it, I went and did the math. Each of my properties falls between 1.3 and 1.6%. I’m wond...
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It seems that the general consensus for a rental property loan would be a 30 year loan, and I used to agree. The idea is that you can use the cash flow to pay the loan if you want to, or use it for a higher returning ...
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I was looking into SFH or small Multifamily and have been looking into Philadelphia and it seems not so Landlord friendly per the (landlord tenant laws and asking around) Many areas are over priced (i.e. Center City)...
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For the last few years Stockton CA buy-and-hold rental property used to be a virtual no-brainer. Now the market for conforming multi-family property is at a turning point, breaking through the floor dictated by the 1%...
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Seeking to provide more aid to troubled borrowers, House lawmakers on Wednesday advanced legislation that would enable homeowners to shrink their mortgages in bankruptcy court.
http://www.fool.com/news/associated-pre...
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Newbie question for those members that are well engrained into the RE investment space. I am looking to begin leveraging cash I have in REI to increase my wealth and create future financial independence.The townhome I...
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Sorry, I asked the wrong question. I meant to say What is a good cap rate? How do you determine what CAP rate you should strive for?
Thanks!
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I just enrolled in my companie's 403B tax deferered retirement "match" program. I don't plan to wait that long to retire. I am serious about using real estate as a tool to escape the life of being a paid slave. I just...