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In David Greene's book "Long Distance Real Estate Investing" (which is awesome, btw) I saw an argument that I didn't understand fully, which is basically "you should overpay on your mortgages to refinance them faster ...
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Hello BP!I saw a very strange SFH listing today. A seller owns this house together with his family member and wants to sell his share (50%) without occupancy rights. The sale price equals to the unpaid mortgage amount...
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Morning everyone,I am looking to buy a home in May when my lease ends. I plan on buying a single family home with a minimum of 3 beds and 2 baths. I am currently renting a 2200 sq. ft. 3/2 house for $1500 a month. Aft...
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I believe many in the BP community, myself included, firmly stand by "cash flow as the king" while appreciation is looked down upon. I would like to potentially hear the counter argument to broaden my understanding. W...
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Hello CTC,
I have a concern. I recently had a short sale approved in California through B of A and the buyer wants to close asap. I got a letter from B of A stating "BAC Home Loans Servicing, LP...
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Hello everyone!As the equity market gets more and more unpredictable i'm looking at putting money in real estate rental properties. This will be my first deal and venture into real estate. As i am living in NYC curren...
Is it just me or everyone playing it safe? Recently I’ve been catch a ton of flack on this forum for suggesting things like:1) Maximizing leverage while carrying hefty reserves.2) Buying for appreciation in western ma...
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I hadn't thought this was that exciting, but recently told a hard money lender about it, and he was shocked at the deal I got, so figured I would share it. SoFi (Social Finance) gave me a $100,000 unsecured personal l...
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So brief background. I started investing in the USA around 08. Ended up in Memphis and with the help of a great mentor really got going in that city. It quickly became obvious that many parts of Memphis were terrib...