Hey BP,I'm currently in the process of selling my primary residence and purchasing a new home closer into town. As of now, I'm using the proceeds from selling my home to put down 10% on the new home.Additionally, I ha...
The Texas real estate contract is changing the verbiage for what is considered a 'cash' offer, eliminating borrowing of any kind (hard money lenders, private money, etc.). So basically, if you aren't going to use your...
Will banks require flood insurance for rental homes in the 100 year floodplain? Also, is the AE zone the same as the 100 yr floodplain? We are wondering whether we should even consider purchasing SFR's which would req...
I am looking to refinance to maximize the amount of cash I can pull out of my house. I owe about $380,000 and it should appraise at around $525,000.What is my best option to pull cash out? I do have PMI(FHA loan) of...
I'm putting 3.5% down on my first home and intend to house hack it. I do have some cash to put more down but I think id rather use that capital to do some rehab to force appreciation and hopefully eliminate PMI. I hav...
I've seen a few local Minnesota meetups prohibiting certain people from coming. Most of the time agents, brokers or lenders hosting meetups and prohibiting others in the same profession from coming.If you're hosting a...
Hey all!Let me tell you, it has been a whirlwind of a week. In an attempt to keep it a bit shorter than a book, we semi recently closed on a townhome in N Metro T2 suburb of Minneapolis. We had it basically rented wit...
Every time we're preparing for a new administration, there's plenty of tax-related noise. The new President is going to do this, do that, yada yada yada.Unfortunately, a lot of financial and tax professionals join thi...
I am trying to set up a deal whereby a few vacant lots in a subdivision are exchanged for a house of similar value. Is there a way to set this up without selling each property, but using some sort of direct swap? Pr...
I have a lot of concerns about cryptos in general. What if the Fed creates a block chain digi-dollar. Trades at the value of $1 us dollar. It would virtually eliminate the need for all other currencies globally. T...