Elsa M.
Investing in condos?
Hi BP community!Quick question, What do you guys think about investing in condos? Is it a good or bad idea? I will soon be buying a duplex and will occupy one unit. Looks like most investors are purchasing multifa...
Carlos Ptriawan
When CD performs better than real estate and 401k
This month is the strangest month in the whole US economic history.CD is now offering 6.0%401k with 60% stock and 40%bond allocation is mere flat this month, if you are 100% bond you're wiped out 15%.10 year yield of ...
Tia Gaulke
Buying First Duplex
Hello, I will be buying my dads duplex. He will be selling it to me at almost $150,000+ below appraisal. This is a big win to start with. What are my best options for loans? How do I get started? How can I be prepared...
Thomas Worbech
Foreign National Mortgages - Ohio
Hello!
I am a real estate investor from Denmark who is looking to build a cash flowing portfolio of real estate in Cleveland. Last year I bought the first turnkey property through my Ohio based LLC.I am looking for l...
Tony Severino
Bank Of America is Giving Cities The Edge On Buying REO's
Bank of America is giving cities, not private buyers, the inside skinny on new foreclosures.
The nation's biggest mortgage lender and servicer has come out with a new way of working with states and cities like Chic...
Account Closed
are no doc loans making a come back?
I'm self employed and have a 760 credit score. Due to write offs and deprecation my tax return is not that impressive. I flipped some really good SF contracts that would of been good keepers if I knew of a loan produ...
Cody Thompson
Got myself in a situation that is preventing me from starting
Hi BP community. First time posting. I know the advice on this will probably be rough but let me have it. So I got myself in a little bit of a situation financially that is going to make it even more difficult to make...
Benjamin Cowles
Advice on partnership potential first deal.
A friend of mine has left an offer with a realtor, one I agreed to take part in as her partner if it were to be accepted since she wouldn't have the 20% cash to get the 80% HML. If this works out how should we go abo...
Richard Moreno
private money for down payment
Hi BP, I am looking to buy a 6 unit building, but I don't have enough for the 25% down payment. But I do have a client that might be interested in lending me the down payment, which would be about $200k. Not sure how...
William Behring
How can I get a mortgage who changed from W2 to self employed
I am a real estate agent. I have a client who has changed from W2 to self employed. How can I find her a mortgage without the 2 year aging. She is willing to pay a higher interest rate for 2 years. She has 700+ cr...