I have just started the negotiating of a short sale. The purpose of this post is to hear from the experts the likelihood of success for this deal. My headline may look a touch confrontational, but it's not at all. I j...
Lessons Learned from Real Estate Market Frenzy
This is an observation of real estate market frenzies and lessons learned from the viewpoint of a third generation real estate investor, developer, property manager, and...
Hi! So curious what you guys would do in our position.
We bought a house in Seattle (White Center) five years ago and it has appreciated around 200K so far. Each year, we spent a few months in Michigan and we Airbnb’...
A tenant in one of my rentals moved in 2 months ago. A week ago he told me that he has to move back to his home state that he came from, and this weekend he moved out. My handyman helped him to move out. Yesterday thi...
In fact, it's damn hard. I'm in the middle of trying to refinance my own mixed retail and residential property with US Bank. Actually, I'm done with US Bank. Despite a LTV of 40%, despite top tier credit, despite a 16...
Or is everyone waiting for the election to pass...
Economic Update
(Monday, May 31, 2021)
The one place that's rip-roaring in our economy is the housing market. In fact, home prices are accelerating, as the Case-Shiller 20-City Index shows. Year-on-year gains rose ...
Economic Update
(Monday, October 5, 2020)
The economic collapse sparked by the pandemic is triggering the most unequal recession in modern U.S. history, delivering only a mild setback for those at (or near) the...
Hi BP community,
I am considering using a HELOC for a 50k down payment on a four-plex. The discounted off market price is 330k with the estimated fair market value at 390k. The mortgage broker has assured me some b...