I came across this loan product and was wondering if anyone has or is currently using it. It is basically taking your mortgage loan and having a 1st lien on it and it’s essentially a line of credit on your mortgage bu...
Hello BP Members,I recently bid on and "won" a property at an auction that occurred this past early March. Prior to bidding, I did my due diligence and felt comfortable bidding (i.e. ensuring it was a 1st mortgage, t...
Let me preface this by saying one thing: I don't want to get a million dollar loan right now, but I do want to get a million dollar loan the next time the real estate market corrects itself.That being said, I've decid...
Hello, I have read several books including Buy, Rehab, Rent, Refinance, Repeat by David Greene, How to Invest in Real Estate by Brandon Turner and Joshua Dorkin, and The Book on Rental Property Investing by Brandon Tu...
Honest question, why lockup your money in real estate when over the past decade crypto (bitcoin) has better returns and you can now earn passive income and are much more liquid than buying a home? I am moving more an...
Saw this article on MSN Money today: The answer to this question will tell you if you're wealthy. ---------------------------------------------------------------------------------------------Excerpt from the article:...
After listing my property (a 4-plex in San Diego) too high in a declining market, receiving no offers after a month even after a 9% price cut, I asked my broker: at what price could he guarantee an offer within a week...