Dan Weber
Lender Terms - Boston
Has anyone in the Boston area gotten pre-approved in the last 3 weeks? My friends spoke with their bank and the terms that they were offered seemed a bit steep. They have plenty of cash to put down, perfect credit, id...
Kristin Smith
Help! Renovation loans suspended!
I was in the process of purchasing a REO, had conventional financing but was in the process of switching it to a FNMA Homestyle loan due to the appraisal calling for repairs before closing. Then my lender contacts me ...
Brian Lieberman
House hack in November 2020 ?
Hey everyone, I’ve been on a mission since January 2020 to move out of my rental in DC and into a house hack in Maryland by November 2020. In March, I moved out of my $1200/mo shared house in DC and into a $650/mo sha...
Kyle Ashmore
Housing bubble or just supply and demand
Housing bubble or just supply and demand? We are definitely seeing a surge in housing, but it’s different from 2007.
Back in 07’, housing surged, due to bad banking lending regulations. Everyone was buying because ...
Jonathan Sher
I'm taking the plunge!
Hey BP Fans,
No! not getting married!
I have been on this website for a couple years now and currently own 6 rentals. I made a big decision today! I put in my two weeks notice at my full time corporate job and am b...
Bienes Raices
Water won't turn on in REO
Bank's realtor says the water is on, and I called the water co. and it is indeed on. However when you turn the water main on the side of the house, nothing happens--still no water in house. I'm having my paid inspecti...
Michael Garofalo
Electrical Panel Preventative Maintenance
BP Community:I recently received a call from my property management company stating the heat went out in one of my units. After a thorough investigation, the HVAC contractors determined there is nothing wrong with the...
Michael Vazza
Factors Effecting Existing Home Sales
The market potential for existing-home sales in June was estimated to be 5.47 million at a seasonally adjusted annualized rate (SAAR), down 2.5 percent compared to last month, and 13.1 percent lower than one year ago,...
David Kirchhoff
thinking about running my properties through a property mgmt entity, have a few questions.
new to the site after watching a very informative blog where the individual discussed the aspects he LEAST enjoyed about being a landlord. ANSWER: tenant interaction. Mine seems to be the safe. all too often I bend ov...
Javen Wilson
Where do I go next with my rental
I found a property I would like to purchase. It’s got a 15% ROI and in a neighborhood I know could rent well in. It costs $87,500 and my ROI comes from putting 20% down and property mgmt and the whole shebangBasically...