Hello BP community. New to the site and first post. Given the recent changes to the federal tax rules/rates, I have a question regarding funding investment properties with personal (HELOC) money lent to my personall...
The recent settlement involving the National Association of Realtors (NAR) is set to have a significant impact on the real estate industry, including for real estate investors. Here's a breakdown of the key implicatio...
Hello I recently sold my house and got back $70,000 in equity. I found a cute little house for $87,000 I'm going to get a loan on for 15 years with a down payment of 17,000. I will live there a year then rent out. Tha...
Interesting article I came across for West Michigan. What is everyone's prediction for the markets the invest in?https://www.rejournals.com/colliers-forecast-chances-for-recession-in-west-michigan-are-slim-20190204
Hi, I'm looking to purchase a SFR as a rental. My last few I've always just put 20% down, but was wondering about paying cash for them. I'm looking at a 200k home. I can pay cash for it, but would then like to refi...
just got an email from williampaid. "We regret to inform you that after 5 years, WilliamPaid will be no longer processing rent payments.If you are an existing user of our service, we will stop processing new payments ...
Ok BP pros - looking for some advice. Would appreciate your thoughts or a referral. I found a 4 house bulk deal of tenant occupied homes near me that the seller is offering at about 78% of ARV. Total price is just un...
I am believing that the CA market or at least No CA - Bay area has topped out... I have been considering selling my house for some time now and am in contract at over ask. I have been purchasing SFHs in Atlanta th...
The total loan is 135k for a 180k property. The loan originating fee of 3.4k seems high. My closing costs are almost 9%. Does this seem normal?
A. Origination Charges$3,412.5001 % of Loan Amount (Points...
A little over 4 years ago I purchased my first property: a 3-flat in Chicago for $305,000. In Logan Square - now one of the hottest real estate areas in the city in terms of %increase in value and %increase in home s...