I was thinking about getting my license to become a loan originator. Its only 4 days worth of class time and it costs around $300.
With this I could also do loan originations for other people and charge a fee.
Do yo...
This question has been asked so many times that I have decided to write up a crash course in analyzing financial statements. You don't need to be a financial wiz to invest in real estate, but you really need to under...
Disclaimer - I type out the notes as I go, on my iPad. Grammar mistakes highly likely.Real Estate LoopholesWritten by Kennedy and SuttonPart One: Being Smart You need to learn to OPEN tax loopholes for yourself and CL...
So what quick mortgage spreadsheet do people use to write one from their company to themselves?
I have heard that your company can write a mortgage to you, then you have the cash to buy a property. The turn around ti...
I'm married, age 29, and make less than six figures. My wife stays home with our two kids. This year and last year we maxed out my 401K ($17,500 annually) and both our ROTH IRAs ($11,000 annually). This has allow...
I'm a real estate investment newbie living in Los Angeles. I currently rent my primary residence to film crews which pretty much covers my mortgage. I've paid off about 50% of my home and have around $400k in equity...
This is a question I get all the time when dealing with people entering the mobile home market... and there are a whole bunch of answers. Lets start with one thing in mind, the less you pay- the quicker you recover yo...
I have been striking out in underwriting with 30 yr fixed rates, the math just isn't working out for me to make any cash flow and the debt service monthly expense is wiping out any NOI and thus my yield. So... I am co...
What does the BP community think about 1st lien HELOCs as a way to free up equity in your primary home for investment purposes? If anyone has gone through the process, can you give any advice as to whether you recomme...
I came across this loan product and was wondering if anyone has or is currently using it. It is basically taking your mortgage loan and having a 1st lien on it and it’s essentially a line of credit on your mortgage bu...