Account Closed
What would you do? where to invest
I've been debating with myself on where to invest my money. I presently have a duplex which was purchased on '06 as a primary residence/rental. I purchased this for $325,000 and presently owe aprox $280,000 at 6.5% it...
Janette Olano
Received a Cease and Desist on a HUD Property I'm Wholesaling
So, I got this huge, beautiful house under contract from HUD. I intend to wholesale the property and so I listed it in Craigslist. By far this has been the most popular property I've listed--I got the property for so ...
Amy Engelhard
Help analyzing quad-plex turn-key property!
Thank you in advance for any advice! I'm looking to do my first investment deal and want to make sure I'm asking all the right questions going into this.Market: Northeastern PA - Scranton. The property is a renovat...
Andreas Mueller
Green Shoots in the Housing Market for 2024
BP Compatriots! Welcome to my weekly post on all things real estate, coming at you from Nashville, TN. Every week I bring you a brief, hopefully insightful, dive into real estate and financial markets, for all you tub...
Susan McBride
Applied for Forbearance and Was Offered Only a Short-Sale Option
Hi. I am currently unemployed and have my home on the market. I have very little equity in it and my loan balance is around $400k. It is one of the smallest, least expensive homes in a beautiful sought-after golf c...
Garrett Brown
Co-hosting vs. Arbitrage
These two have become very popular over the last few years, and you'll get mixed reviews from all sides. I'm a fan of co-hosting pretty strongly over arbitrage, but I am trying to hear stories of success (or failure) ...
Elaine Fawcett
Closing deadline - extending an auction close - xome
Posted this in another forum but no attention, thought I'd try here. I'm "backup bidder" on a xome auction. (Read: The bank bid against me and now wants me to checkout) I'm doing a 203k loan on an REO through this auc...
Tom McDermott
Denver market softening?
A multifamily apartment building in the Denver, CO area had a price drop. While I have only been tracking the market since the beginning of the year, this was the first property I have seen a price drop on. Is this ...
RJ King
Lenders who do non-recourse loans and 70-75% LTV refinancing?
Greetings BP! I’m a newbie investor trying to purchase my first multi-unit investment property here in Houston, Texas. It’s a new construction 4-PLEX with 2bed/1ba units...Purchase price is 300K and I’ll be putting a ...
Desiny Smith
Calculating Expenses as a First Time Investor
I've recently been pre-approved for an FHA mortgage. Right now I am looking for a foreclosed or vacant multi to fix in the city of Albany, NY using the 203K product as well as city grants and then refinance (aka the B...