The FED is slowing pace on rate hikes, the consumer is slowing and the economy is headed into a recession? These are all guesses at this point and some believe this will happen or is happening. If the FED eases with...
Hi guys, I’m looking to buy first investment property in the Houston Texas area. I want to rent it out but I’m conflicted on the type of single family home and price budget I should go for. I’m going with the cash flo...
Good morning BP. Someone has made an offer on a home I am selling and they are asking me to owner finance. I have not experience with this so I am asking the BP community. The home is on sale for 57k he wants to pu...
Is anyone concerned about eventually being able to sell their multi-family properties? I don't know if its because I'm on the younger side but I feel that younger families are looking for that perfect single family ho...
Hello All,
I was wondering what are your thoughts on investing in buy and hold properties at this time with sky high interest rates? I'm looking to start out but it seems like it might be better to wait for interest ...
My husband and I are lost on what to do :( Current Situation: - Have a house that’s built a lot of equity - Have a HUD loan of 30G that was added to the back of my mortgage. - My house loan is still FHA at 4.6%So now,...
Wall Street Journal reported Sales of previously owned homes slid 17.8% in 2022 from the previous year to 5.03 million. Although we are seeing downtrend in home sales , there is some positive news. The average rate o...
http://www.msn.com/en-us/money/realestate/looking-to-buy-home-values-are-dropping-in-these-markets/ar-BBm5wE6
Now that we’ve been in this crisis for weeks is there any new thoughts on if mortgage forebearance is actually a good strategy or if the risk of future implications is too risky if you’ll be trying to get loans in fut...
Hello everyone,
I am currently looking to purchase my first multifamily to house hack but am a little bit concerned with the high prices. One property in particular is $15,000 above my max pre approval amount and i...