I purchased a SFH for my primary residence about 3 years ago via short sale. Purchase price was 133K, I put down 20% with a 2.99%APR on a 15 year loan. I owe around 90k on it currently and it's worth roughly 180k. We ...
I keep getting outbid on home offers I’m making on single family homes. HOW MUCH OVER ASKING PRICE DO I NEED TO OFFER?I’m looking in the Tyler, Texas area, doing a conventional loan.I offered day of, full asking price...
Hey everyone, I am wondering if it makes more sense to pay off existing debt first such as student loans credit card and car debt, or to save up instead to put a down payment on a rental property to bring in passive i...
Good evening BP community,I have a tenant who has requested a full power washing of the house. My wife and I like her quite a bit, she is a sweet and very polite older lady who keeps the house in immaculate shape. She...
I'm in a fairly hot Multifamily market in Northern California. My agent and i just made really strong offer, over asking price with a 30 day close. We were beat out by the same offer, without a inspection contingency...
In my humble opinion, the bubble has started to burst and many of us including myself are still in denial. The national median home value is now $217,300, an increase of 8.3% on the year and 8.4% above the bubble-era...
First off I'll start with my disclaimer:
This is MY version of a "Do it yourself" yellow letter. I know there are other ways to do it and companies that you can pay that will d...
Ok, so here is the deal. I recently purchased a nice middle class home from an out of state owner who was renting it out to a tenant whose lease runs out at the end of July.
I bought the house sub...
I'm sure there are a few posts for this floating around, but I wanted to bring it up again and open up some ideas.
How do YOU get the banks to accept your offer, either short sale or REO?
My first (and only, to da...
My local market is very expensive and out of my price range for investment, so I've been investing in other markets. I bought my first two investment properties in Phoenix AZ two years ago. Both needed only minor wo...