Jeff G.
What are your favorite tools for determining neighborhood quality?
I'm a long distance investor. As a quick-and-dirty approach I use school quality as a way to guestimate neighborhood quality. The downside is this isn't terribly granular so it can be misleading. Some cities can be ve...
Jonathan G.
New investment in LLC, mortgage company says possible call in of loan.
So I am getting ready to do my first investment. My wife and I really want to make sure we eliminate as much risk that we can. One of the mortgage companies that I am looking to for funding says that they will not l...
Bryan Hancock
Using Futures Contracts To Hedge ARMs
Has anyone out there in creative land used futures contracts to hedge interest rate risk on your ARM? I am wondering what futures to use for commercial loans with floaters past year 5 or so. Selling eurodollar futur...
Steve K
Short Sale Pocket Listings
I’m guessing we’ve all been victims of non arms length short sale pocket listings several times. Yesterday I bid $50k over asking with no response from the listing agent. Same story, different day.
I'm going to hav...
Nicholas Misch
Fixed Rate or ARM For Rental Property Mortgages.
Hello BP family.
I have always used 15-30 year fixed rates, but I have been reading about ARM's as a possibly better option depending on how long you intend to have the financing or the property. Any advice on Fixed...
Melanie M.
Motivated Seller -- How to Structure the Offer(s)
Hi BP Nation,
I have a motivated seller with a property in Florida. He wrote a lease-option on the property 2 years ago, tenants are great, responsible for all maintenance, no late payments. Option is written...
Rich Weese
I'm older than most-seen this before!!
I've been off the board for awhile- very busy. BUYING!!! Think about this for a minute. TRILLIONS of dollars are being added to the economy, and no additional products added to absorb the dollars being created. In the...
Leonard Qendro
Need help deciding how to proceed w/ getting my next deal funded
Hi everyone,I'm currently a new investor in St. Petersburg, FL. I bought a house last year for $287k that now appraises for over $400k. My current mortgage including taxes and insurance is $1429 a month. I house-hack ...
Dick Maykel Ortega
Deal Question - Seller Financing: prepayment penalty
I have been working this deal for about 5 months. It is finally closing on Friday. The seller just realized that I could pay this off next month at a great price. He was also offering seller financing as a tax strateg...
Hunter Woolsey
1.5” hardwood floors
We have a flip going near Dallas, about 75% of the house has the original 1.5” wide hardwood planks. We want to continue with that through the rest of the house, has anyone around Dallas been able to find these that d...