Forgive me if this has been asked already, I couldn’t find a similar thread in this forum. Im considering a strategy that includes approaching homeowners who are listed on the tax deed and mortgage foreclosure auction...
Hey BP I have a private money lender contact me from a post I put on Craigslist we she wants to fund my deal that she has no info about @ a 5% interest rate for 70,000 the repayment plan starts starts 6 months after ...
Hey guys! I'm new here, just trying to learn.I've heard some people recommend getting a 15-year mortgage because it drastically cuts the amount you'll pay in interest. (This is always advice given in relation to a p...
I recently purchased a condo all-cash at auction that I am rehabbing and plan to re-sell upon completion in a couple of weeks. However I made a pretty dumb mistake buying in a community that is 80% investor-owned rent...
Hello BP! Short time reader first time poster. Facts: List REO price $88,900. Cash or conventional. Listed for 65 days (I know it's longer but listing was allowed to expire and then was relisted). Reduced $5,000...
I've heard that you could be getting yourself into trouble by purchasing property with 100% financing. Is this true? What are the up and downsides of such a loan?
Houston rents are surging — despite the plunge in oil prices http://www.marketwatch.com/story/houston-rents-are-surging-despite-the-plunge-in-oil-prices-2015-04-15?dist=countdownThe article also has a nationwide list ...
I have 5 Single Family Homes with 5 separate mortgages that I am thinking about refinancing into a single loan (loan bundling). At the end of the year how would the interest be reported on Schedule E? Would the intere...
Hello, I could use some advice about roofers.
I need to replace a roof on a duplex in Hamtramck Michigan soon, and I was wondering if anybody here has had good experiences with a reputable (yet budget friendly) roof...
In talking to people and reading various posts online, I see a lot of confusion and varying opinions on ROI vs. ROE vs. IRR vs. Cash on Cash. For example, some people think that in the first year when you purchase t...