Dale Miller
Talked to Rocket Mortgage recently........
Hello Everyone! Was recently told that I need to make a 20-25% down payment on a rental property. Told them I was interested in making 3-5% down so I can have funds to make repairs.I asked about FHA. They said FHA isn...
Samantha Soto
Is wholesaling legal in California?
My dad is a real estate attorney. He and I are debating whether or not wholesaling is legal in CA. He is arguing that it should not be done without a broker's license. He says bringing buyers and sellers together i...
Ian Andrews
Neighborhoods outside Philadelpia for 1st multifamily
Hi everybody,I'm brand new on the site and to real estate. I was hoping to tap into some of the knowledge that some of the other members on the site may have about the Philadelphia area. A little about myself; I've...
Bill F.
Impact of Aging Millennials and New Construction on MF Values
I just came across this article from Calculated Risk (the article is about a year old so here is the latest data.) which suggests that MF demand will start to shrink due to increased supply from new building and decre...
Duriel Taylor
Lines of Credit to fix-n-flip (2016)
Hello BP Family,Happy Sunday and I hope all is well. What would be your advice to someone that is interested in using lines of credit to start a fix-n-flip business? Here is my mindset on how the LOC process starts, h...
Nate Sanow
Mortgage forebearance EXTENDED, no crash in sight
I just read the Housing Wire article stating they are going to extend FHA Forbearance into December 2021 for “certain borrowers.” Stuff like this is why in my humble opinion everyone holding their breath for 2021 to l...
William B.
Single Flip Blues - How do I grow?
Hello All,
The Good News:
Over the past six weeks, I've spent 12+ hours a day for six/seven days a week to get another flip from start to finish. We hit the market in Houston last Friday and as of a few days ago, ...
Lloyd Segal
Economic Update (Monday, December 7, 2020)
Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...
Joseph Hennis
Best cities in the country for appreciation AND cashflow
My strategy thus far has been to find properties that cash flow $300-500 a month in areas that appreciate. While the cashflow I have earned thus far has been mediocre ($3k-5k/yr for last 5 years), the appreciation has...
William C.
The market downturn is here, at least in my market. Anyone else?
It's here. The shift is upon us. Whether a crash is to follow, I am not sure, but the rising tide that we have all been riding for the last 9 nears to reaching it's tipping point. I seriously have no more time to w...