noob here.....Can someone explain the 50% rule, 2.5% rule.....I can't seem to find a definition for it.
Thanks.
Jim
Hello BP Friends - Not sure where to post this, and looking for feedback. We are a couple of newbies ages 50 and 54, residing in NYC, and have been advised by an experienced investor (from BP) that we're too old to be...
I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...
Hello everyone,
I have been looking through the site for the last couple of days and have found so much useful information. I have owned a SF rental in Virginia for a long time and my wife and I also have a townhous...
I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...
I want to write the title in quotes because it's not like I had much of a strategy to start with. I bought a duplex and a turn-key SFH at a normal price for houses in the area. Both were conventional loans with 25% ...
I have been working with a financial advisor for about a year now and he is strongly suggesting permanent life insurance. I am skeptical about it because I would rather save the money that I would put into the policy ...
I’d like to share my strategies here to help others make money and turn the worst war zone, vacant areas into safe spots for families to live.
I’m by no means the only one doing it. It’s just hard to find people t...
Well the uber doom-and-gloomers have been decidedly reticent of late. This changed recently in the blog arena. Changes in purchasing patterns of bonds later this year seem to have everyone in a tizzy now.
I renew...