Mark Fehlman
Buying from a distressed flip
I buy houses to lease for the long term. We own two SFR in San Diego (as well as 58 apartment units. One of the houses was a total renovation and the other (second) was in good shape when we bought it and just needed ...
Account Closed
Seasoning requirement on long term investment loan
Hello, I want to purchase an investment property using hard money then do the repairs on the house and then refinance the property into a long term loan. I just spoke to my lender and he tells me that there is a one...
Account Closed
Search Engine Optimization/Direct Mail
Hey BP,How important is it to have a website for motivated sellers and hire someone who specializes in SEO(search engine optimization) when you first start your direct marketing campaign?
Ali Samana
Prayers needed for Pakistan...
I am sure most people are aware of the floods that hit Pakistan. Millions of people have been affected by it thus far. Your thoughts/prayers for the region would be appreciated.
http://www.cnn.com/2010/WORLD/asiapc...
Gary Michalske
Basis for Taxable Income
Hey there BP Tax experts,I have a question regarding taxable income from property sales. I have a CPA that does my taxes but I’m not convinced he’s an expert on the real estate side of things. And furthermore, if I c...
Jorge Vazquez
RE Vs Stocks, discrepancy in investment behavior raises significant questions!
Here's a controversial topic! As someone who's gone from being a financial advisor to a real estate consultant for the past 20 years, I've noticed a disturbing trend regarding newer investors more and more. Why are pe...
Julie Muse
Charlotte Flip Success: Profits Soar on Sardony Lane with Garrett Moretz
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $218,000
Cash invested: $12,000
Sale price: $280,000
Partner Driven, in collaboration with Garrett Moretz, succ...
Bill B.
NPN and the Michigan Homeowner Assistance NonProfit Housing Corp?
Hi,I'm in DD on a note in Michigan. There is a second mortgage on the O&E held by the Michigan Homeowner Assistance NonProfit Housing Corporation Acting Through Michigan State Housing Development Authority(Whew!!...
Griffin Detrick
ARM or Fixed Rate Loan - First Time Homebuyers
We have two options to structure our first home loan - Loan will be for $158,400 (purchase price is 176k with 10% down) - conventional.1) 30 yr fixed rate (90% LTV) at ~3.85%. This would require a PMI payment until we...
Ayman Hadi
Real estate renewing lease charge
Hi..If the real estate company renews the lease for the same old tenant with the same rent, what price should the real estate charge the landlord for printing and signing the new contract? ( he was charging me one mon...