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So I agreed to a binding deal last Sunday on what would be my first investment property. It's a single family home in the neighborhood I've lived in for the past 4 years, and knowing what I know about the real estate...
CNBC just came out with an article today stating that foreclosures are on the rise and that this is just the beginning. Please inform all of the realtors that you are working about this new information.
It stated wi...
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Say I have this example
Rental Property: $100,000
Loan Amount: $75,000
Loan Rate: 5%
Years: 30 Year Amortized
Monthly Payment amount: $402.62
LTV ratio: 75%
My money is bei...
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Good morning BP experts! I'm an Accidental Landlord. Bought our home in Laguna Hills for about $350k back in 2002. Kids grew up and split, and we couldn't afford it anymore. By then, it was refinanced a few times to a...
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Well..... I thought I had the tenant selection thing down pat. Since starting my journey as a landlord in 2011, I've never had any issues (let alone major issues) with any tenants that I've found/placed in my units, b...
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Hi everyone! I just closed on my 4th investment property and the main reason I bought it was to rent it through section 8 in the area of Bowie Maryland. The rates on section 8 for the area are toooooo good to be true....
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I am having trouble understanding a hard money lending example. Everyone I have talked to has recommended it and I have never used this before.
Can someone help explain the basics of how to get to a monthly payment f...
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I have a single family home that is coming up on the end of the term. I got word from one tenant that they would not being staying and the other does not have the ability to pay. It's gets pretty sticky from there, ...
I have 3 properties in the Asheville area: 2 LTRs and 1 STR. Still not 100% certain there is no damage to any of them, but so far it seems all is good. A friend drove by and said they didn't seem to have any damage bu...
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Property is listed for 244k. However, a lot of people are interest in this property. I will really like some help on what may be a good bid offer!!! I was thinking 250k due to people showing a lot of interest and also...