Ed Wood
HELOC's and Jumbo Loans Surge as Vannila Loans Slump
Here’s the mortgage and real estate deal today. Mortgage volume is down to it’s lowest levels since 2010. Wells Fargo is off by a whopping 60% and Chase is down by 54% when it comes to normal, old, conforming mo...
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Anyone care to speculate how much longer there will be lots of foreclosures on the market?
I know the number of foreclosures varies widely by neighborhood, city, state, etc.
But this current time seems like an investors' dream, when many homes can still be bought for 20 cents on the dollar.
A...
Jem Thompson
New investor ready to dive in!
Greetings BP community! I recently moved from Fort Collins, CO to Minneapolis, MN and am ready to take the next step towards my ideal form of financial freedom. My initial goal is to find a property to rehab+house-hac...
Erik W.
Making the slow-growth leap
I am a mid-size land lord with fewer than 50 units. Mostly older, SFH in Class C hoods. I describe Class C as "nothing fancy, but it's clean, safe, everything works." All are within a 20 minute drive of my house.I ...
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What/ how to become a commercial broker
I had the pleasure of sitting down with a very successful owner (for a school project, but this is a great way for them to give you time), I asked if he could recommend one thing he would do if he were me. His respons...
Thomas Guertin
Using a Real Estate Agent to get a renter
I wanted to know what the expectation is for a real estate agent by a landlord. I understand that they post it on the MLS for other agents to access. My questions are -Do they do a criminal background check?Do they ...
William Hull
Mortgage apps for new home purchases jump to record high
There is some good news for home buyers and sellers alike. According to the Mortgage Bankers Association, mortgage applications have seen a pretty significant uptick. This is especially important when you consider the...
David Ivy
Mid-Year 2018 Market Report
The June/Mid-Year 2018 Central Texas Housing Market Report is out from the Austin Board of REALTORS® (ABoR). The Austin area displayed strong, steady growth in the first half of 2018. Tight housing inventory and high ...
Chris Wolfe
Who knows of a company doing over 150+ Flip Deals/year?
Hey Everyone-Currently my company is doing about 80 house flips per year. These are real deals that we actually buy, rehab, and resale ourselves. We are trying to scale that to 200 in the next 12-24 months. I hear ...
J. Gary
How much have you paid for your rehabs?
What is everyone paying for a full gut these days (2-4 units and SFH)? I'm interested in benchmarking my costs against other investors'. Materials and labor on a full gut has been running me around 50-60K. Would l...