Hey BPers,My wife and I are looking to settle down in the Sugar Land/Stafford/Missouri City area of Houston this fall. We have no real estate experience but I've been all over the podcasts for the last 8 months and r...
Isn't it ironic how the one time borrowers got a 'leg up' in the form ridiculously low interest rate mortgages that those same 'assets' are partially what is behind the collapse of several significant US banks and bey...
From a twitter series:
LTV is a fairly simple concept & calculation, but plays a huge importance in financing your rental property. It measures the size of the loan as a percentage of the property's value
Calcu...
When do I decide I have enough Real Estate. I having been buying apartments and storage facilities with money I make from flipping homes. It has snowballed into a very nice size reoccurring check each month, more than...
Having a hard time finding a policy that covers sump/water backup, but I found one at an okay price. The only problem is the liability coverage is max at 500k. I'm buying with a LP/Corp structure, not a LLC. Unsure if...
I am trying to understand what would convince a seller to accept a sub2 agreement aside from being offered more money for property and favorable terms? If I understand correctly, a deed is transferred to buyer, but th...
I have no income, but instead a lump sum of cash that I made selling a company. I am currently helping my mother get a mortgage so I will technically share around 220k debt with her, but I have 500k-1m im looking to i...
Hello All,I am currently in the last phase of my first fix & flip and I am looking to get into another project right away. Does anyone know how you can buy multiple REO's at once? How do you make that deal with th...
The Power of Real Estate and buying buildings for no money down: In 2008 my father did a construction project at 277 Gratiot, Detroit for a man who owned 6 buildings in Detroit's Harmonie Park near Ford Field, Greekto...
I have 4 rentals and one primary residence all paid off. And that’s all my income, just enough to pay my bills. I have enough umbrella policy to cover all my rentals. But I still feel it is not enough protections.What...