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I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...
Anyone else getting notified this morning of paused Ashcroft distributions due to refinancing issues?
We have been working on refinancing the asset in order to access the equity and create liquidity to earnestly res...
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I bought a owner occupied a 4plex. I live in the 2bed 2bath the rest are 1bed 1bath. Rents are unit 2 $550 unit 3 $600 and unit 4 $600. The are comps are $725 to $908. Units 2 and four lease has expired the end of the...
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Chris kind of glossed over this since it was his intermediary between flips and flops, but does anyone have any thoughts here?
I love Bigger Pockets so much but I hate how I always want ten plus hour episodes and the...
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Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
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I just read a post where someone said you may have to pay SET on income from flips. Is that true?
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When it comes to lowering mortgage payments and increasing your cash flow on an existing investment property, chances are you’re probably thinking about refinancing your loan and getting yourself into a brand new 30 y...
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The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative. It must at least break even a...
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Just watched this fascinating and well-done story by CNBC on "What’s Driving California’s Mass Exodus?"
Now, I live and invest in California, so I'm definitely not a California hater. However, I'm also no California...
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Just announced. More than many thought including me. I figured 1/4 point then another in a couple of months.Should be interesting to see how things shake out.