I am a newer landlord (2 properties in Dallas County) and so far everything has gone well with my tenants.
I am concerned with the county wide shut down order for COVID19 and the announcement that evictions are susp...
I'm stcok here I have a house with fha loan I got $10,000 to buy an investment property but banks are asking for 20% down. I just want to put around 3-5 %. Can I tell them that I want to move to the new house and buy ...
Hey Cleveland folks!Looking for my second 2-4 family multi in Cleveland currently - looking to owner occupy it for a year or so before looking for a third. On our first duplex, we put 20% down (which was fine at the t...
I have quadplex with an 7 spot parking lot and was asked by a tenant to make one of the spots reserved for handicap vehicles. I don't have an issue doing so but have a couple questions and looking for anyone's experi...
The broad context of this analysis is straightforward: an economy based on ever-rising consumption falters when real household incomes stagnate or decline. Real income for the bottom 90% has been stagnant fo...
Hi,
The Federal Housing Administration has long been a channel where borrowers who fall within the guidelines can turn to get a loan. The FHA loan allows borrowers who qualify for the program to put less money down,...
I recently read that the Federal Reserve recently purchased 600 million in Treasury Bonds; dubbed QE2. How does it help keep interest rates low?
Over the past 4 years, banks were lending non-stop to anyone breathing using no doc loans at high ltvs. Now market prices have fallen, ltvs are more stringent, and now banks are hesitant to lend. Go figure a bank's me...
Greetings folks, I am attempting to finance a rental property. I have never taken out a loan on a rental property before, since I’ve always paid cash for it. I am trying to scale my business up and not spend all my ca...
Hey folks,
I'm interested to hear the BP community's thoughts on whether we could be on the brink of a wage / price spiral in the U.S.
A wage / price spiral occurs when wages increase (which is occurring), and those...