Johnny Kula
Using equity from primary residence to put down payment on multi-family investment
My broker mentioned seeing I have cash to put down on an investment property, rather than using the cash, use the line of credit on the equity and put the savings in a "safe" investment fund or somewhere that I could ...
Cody Harter
Mortgage underwriter entry level
Does anyone have a suggestion on how to get started as a mortgage underwriter? Almost all the jobs posted online are for experienced underwriters and I don't see much for entry level. Any suggestions would help.
Than...
Anthony Jasmine
Why is my first year return so high?
I'm using the rental calculator on here, and I'm not sure if I'm filling anything out incorrectly, but I see a correlation of the returns gradually decreasing every year. Yes, I'm using leverage and have accounted for...
Joe Xie
combination boiler and hot water heater issue
I have a unit with a Baxi's Luna 310fi combination boiler and hot water heater, tenant report that hit water cut off often during shower.
"The shower goes cold, not gradually but suddenly for about 3 minutes in the ...
Shawn Dandridge
Rental Property question
I just bought a duplex in Memphis. 38109 area code. Currently rents for $200 per side. $400/mo total. After all my expenses. I'm left with about $150 a month in profit. The rent is insanely low. Section 8 is payi...
Lee Common
Will the Dollar remain the world Reserve currency?
http://www.marketoracle.co.uk/Article24991.html
http://en.wikipedia.org/wiki/Reserve_currency
http://en.wikipedia.org/wiki/North_American_currency_union
http://www.google.com/search?aq=f&sourceid=chrome&ie=UTF...
Christopher Grobbel
FHA Insurance Denied After Closing
We closed on a property in April. Our lender just reached out and informed us the FHA is refusing to insure the loan. This means our lender is kind of stuck and the loan is going to stay on their books. They want th...
Chris May
Raising rent on older, ultra long-term tenant
I know there are a million threads already on BP like this, but I didn't see anything that quite addressed my question.Has anyone purchased a rental that had an older tenant paying far below market rates? We're in con...
Jared Trindade
Do you invest in SFH or MFH, or both? Why?
Hello all,I 'd like to pool around BP to see what people are pulling the trigger on right now. MFHs, SFHs, or both? Why?I know many people invest in variety of ways, that may include one or both, or gradually phasing ...
Kai Kopsch
Charlotte NC Local Market Update for Spring 2023
Overall, the Charlotte-Concord-Gastonia real estate market is poised for growth in the coming years, offering opportunities for both buyers and sellers this spring of 2023.Looking ahead to March 2023, the Charlotte re...