I've been lending to rehabbers at 12-15% and now have friends asking to place some of their money at 7-9%. I'm thinking I can borrow from them to lend out and make the spread. My question is, how do I give my friend s...
I've made a new connection in my market to a lender who can approve HELOC's on investment properties (and owner occupied property) with new AI underwriting in 3-4 days. Gave him a referral and she was blown away with ...
I live in a rural area and changes in the housing market tend to happen slowly. Additionally, we've got a ton of land and as neighborhoods fall "out of style", we just build new ones! Right now, I can hit the 2% rul...
My wife and I have finally decided that as responsible parents we need to find a market that is more conducive to raising a family (city is slowly losing its appeal). After seemingly endless discussions with Jonathan ...
Does anyone here hire freelance demographers to help gain data on markets your looking to invest in? How did you go about finding your demographer? They should be trained in ERSI
Hello everyone,
My name is Wallace, I live in Alexandria, Va (northern Va) and am new to real estate investing. I have one property and all the info i have learned, i have acquired through reading books. It is great t...
Hi BP! Longtime lurker and podcast follower of BP who inexplicably never got more engaged in the wider community.I've worked in mortgage lending since 2003 and happy to answer any questions or be a sounding board. Ove...
Hello fellow BPs.I currently have a 15 year mort. @ 2.875 on a 285K loan on my primary home. I am thinking about doing a cash-out, more less 100K, and going into a 30 year mort. @3.99. I can afford my current paymen...
Hi! Do you guys think Austin, Texas is a good place to invest? Why or why not?
Looking for just some general advise here: I howmuch is too much for a rental property?Let’s assume I’ve found two places that hits 1% or very close to it. Do you want to go after the 180k property in an “up and comin...