I received this from one of my lenders and thought that it was too good not to share. As someone who primarily funds loans from CMBS, agency, and insurance companies I think this info is on point.Despite turbulent ca...
The issue of HOA Transfer Fees is a nationwide practice to be questioned.If you closed on a home in an HOA you most likely noticed a few line items that are, well, just there. Ask for an explanation of the fee and yo...
I went on Trulia and was looking at a few properties. There was a Notice of Default listed for $145k (4br/3ba). The house is 2760 sq feet. The $145k is the outstanding loan amount. I assume this is the amount owe...
Hello BP forums!
I now have a couple duplexes under my belt, and am looking to expand my horizons. Real estate tends to be a little pricey in the state of Utah, so I'm considering branching out into other states tha...
Does anyone have personal experience with what they consider to be a "good" REI Club in Irvine/OC or the Inland Empire. I live in Irvine, but drive into the office twice a week in the IE.
I found ...
Hello all,I've gone to a few banks in Indianapolis to try and qualify for a conventional loan, and have been repeatedly shot down. The real sticking point is that I have a lot of student loans, however they are on IB...
New to DSCR loan. Does local credit unions do DSCR lending, or one must get it through broker or a loan officer? I am in Phoenix area, any suggestion of good source for that? Thanks.
I'm going to my first tax auction in Virginia in about 3 weeks and know nothing about tax sales. What due diligence should I do before I go? If I buy a property what should I expect afterwards? Any information would b...
While reading an article on The Motley Fool last weekend about Warren Buffett’s sage advice on investing in the stock market got me thinking. Like most investors, I’m always comparing “the market” to real estate inves...
Hello BP community! I'm looking to find out how to get educated specifically around the process of evaluating a note. I'm considering notes from various exchanges, but have no method/strategy defined around how to a...