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In this case I am the seller. I sold a property with my mortgage still in place. I guess this is one of the problems with doing a wrap because my lender will not accept the new buyers insurance policy even though my...
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I read the following article and was amazed at the "pulse" of the renting market. It is encouraging as I believe that eventually this will result in more first time homebuyers that are fed up with paying the level of...
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Hi All,
This post is geared towards those landlords, management companies and real estate agents that have a large volume of units (50+/year) and work in a market with a strong rental presence. My market will no long...
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How can I get her to release me from the thinking to start investhing and not to act like we are not broke.
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The Fed Funds Rate just bumped from 0.50% to 0.75%. Each market peak in history has been preceeded by a rapid upward trend in the Fed Funds Rate. How would you use this information to formulate your investment strat...
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Hey BP,
I’m using the four square method to evaluate a potential deal. The math doesn’t look good so I’m wondering if there are ways to decrease expenses or if I’m overestimating any costs.
My plan is to use house ...
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I'm new to REI and thinking of buying a 2 unit duplex. I was wondering, should I use the 50% rule when analyzing a duplex as well as a SFR, or should the 50% rule be modified for a duplex?
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I'm shopping for a bank/credit union to do a cash out refi. which has been difficult. With every one i ask , they do a credit check. how much of a hit does my fica score take with each check? i started off with a 780 ...
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Has anyone came across an all cash buyer who used an agent and if so were they willing to pay the 2.5-3.0% commission instead of dumping it on you......you being the wholesaler flipping a home you have under contract....
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Option 1 – Regular Saving/ No new action
Save approximately $7,000 per month. To reach the same $90,000 would take almost 13 months of savings.
Option 2 – Cash out / Buy quickly if something is found
Cash flow incr...