I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...
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...
Hello all,
So I'm looking for some advice here. My house was sold as a short sale, we closed on 11/4/09 and there was a first (Washington Mutual, now Chase) and second (Citimortgage) lienholder involved. I recently...
If you follow the financial market...Oil just closed at NEGATIVE $37. Meaning, oil producers are paying to have their oil taken off their hands. (just 7 years ago, oil cost over $100 per barrel)There are many people t...
Has anyone come up with strategies or ideas of what they would do differently if Biden wins the election?
Will property taxes increase? Would you sell or buy properties? Hoard cash or buy assets? Borrow more or pay...
The recent fad appears to be multi family investing. Everyone, including publications, are talking about it and the gurus have been promoting it again. RE appreciation in many areas has taken off over the past 18 m...
I'm tweaking our owner finance program our company has been using as a way to find good folks but currrently have bad credit. We've found selling when you say "owner financing, wrecked credit is ok" has many advantag...
Hi all! I have been a big fan and follower of BP for some time now. My fiancée and I are finally starting to invest in Real Estate through a house hack in the Chicago area. We are currently in the process of looking f...
Deadbeat tenant who lived with his mother. The mother passed due to Covid and that was the last rent that I saw for that unit. He did apply for the California Covid rental relief and I did get money to bring him up to...
Hi I am a 31M living in Mountain View and am looking for a rental investment property within 50 miles of my residence. My monthly HH income is 16k USD after tax.After looking at multiple properties and calculating the...