King Dada
I Need Some Tips & Tricks
Hello, My Name Is Damahri, I’m 17 Years Old, I’m Getting Into Real Estate With My Older Brother, First Can We Get A Little Important Information You Think We Should Know Before Buying A Property Or Taking Any Sort Of ...
Alexander Canha
Best Underlayment for Soundproofing LVP
Hey BP,I'm rehabbing an upstairs unit of a duplex and wanted to put LVP. Does anyone have any recommendations of a good/proven underlayment to use to help dampen noise from the upstairs? I know carpet would be my best...
Chinku Chinku
Need Advice on refinance and long term plan (First Time Investor)
Got a townhome in suburb area of Houston for long term rental close to katy mills (<5miles). It took quite a good time (~6months) even with a property manager but finally found the renter after rent decrease by 200...
Andrew Meyer
Convension vs FHA
So I am under contract on a duplex. I can do a 30 year conventional with 15% down at about 4% APR, or a FHA with 3.5% down at about 4.65% APR. Pretty much it works out to be about $160/month difference in payments, bu...
Roger Pokorny
Pre-Forclosure Purchase Advice
Has anyone negotiated a pre-forclosure deal where you were able to get the homeowner and the lienholder to agree to allow you to assume the homeowners mortgage at a significantly reduced rate? What steps would you re...
Michael Friend
Rental Pay Off
My wife and I are in our mid-50s and earn a combined gross income of $193,000. We are planning a move to a southern state within the year. We currently own two homes with mortgages – a rental property and our personal...
Devin Schmelter
Debt consolidation with a money lender
I want, I absolutely want to be a real estate investor. I can't. Im in too much bad debt. Learning a lot listening to the podcasts but I feel I may need to file for bankruptcy. I've got one loan that is killing me. Im...
Steven J.
Advantages of lump sum principle payments
I recently came across a thread with the term lump sum principle payments. I've searched this term and have failed to come up with much evidence as to how it helps investors except for with tax purposes.
"I u...
John Kaminski
Found pot of gold foreclosure, need POF letter ASAP.
I am a seasoned rehabber and I have been watching a foreclosure for some time and they just reduced it by $15,000 now I need a POF letter to make a bid. I have been buying very cheap houses and rehabbing and selling a...
Ibrahim Yamini
Buy Invesment Property if Credit Improves or Savings rise?
As a newbie investor, I have a few main priorities; lower my DTI, gain as much knowledge as I can and aquire my first investment property that cash flows well.Currently, my debt is roughly $130K. $70K of it is my wif...