Hey successful investors - If you have a robust property portfolio do you still need a financial plan? Or as long as you have cash coming in you're all set?What are your reasons for having or not having a plan? Apart ...
China said to be buying U.S. mortgages
The China Investment Corp. is set to invest up to $2 billion in mortgage-backed securities because it considers the housing market set for a recovery.
August...
I have 7 kids... here are some things teach and how I pray it conveys to the future1) Be a active helpful member of family - being helpful in society 2) Don’t expect handouts !! Work to better others first and in tur...
I have been doing REI research for 2 years now and I am ready to purchase. I am currently Active Duty stationed in New Orleans and will hopefully be PCSing to Maryland soon. I wanted to know if anyone had tips on the ...
I have an appointment tomorrow afternoon with a commercial loan officer and want to be as prepared as possible so as to not shoot myself in the foot.
Here's my situation:
I am in the middle (in underwriting) of buyi...
I am dealing with a broker that wants a pre-approval letter prior to showing me finances on a mobile home park. He is a residential real estate agent and this is a ridiculous request. However does anyone know a lender...
I don't understand the term Equity. Can someone please break it down in RE wholesaling terms. I looked up the definition and this is what I got..... The difference between the current market value of the property and ...
Whats up BP. I have a quick question about net worth and REI. Are rental property mortgages calculated in net worth? For example, If I purchase a 100k rental property for 20k down and take on an 80k mortgage, would my...
So this may stir the pot, but i am seeing a ton of posts on BP about "creative financing". While yes there are creative ways to structure financing deals. When it comes to seller financing in many of the cases the bor...
I had an experienced insurance agent say I could put all properties under a single BPO that are across states (some owned by LLCs and some not). Has anyone done this or familiar? I originally requested 1 policy per "...