Fannie Mae is increasing the DTI to 50% starting July 29th. America's largest mortgage lender is making it easier to buy their first home.
In the last housing bubble, just about anyone with a pulse was approved for ...
I spent many years as an industrial/architectural paint sales rep. I feel like I could answer and have probably dealt with most issues you encounter so please feel free to shoot me a message if I can ever help you out!
I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...
I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...
I am in the position to go green aka electric thanks to solar, the numbers all make sense to move in this direction. My net out of pocket expense is roughly $14K, finance it with a low payment, and rapidly pay it off....
Why have you not sold, refinanced, or 1031 exchanged your pricey RE for more cash flow? I did and went from $50,000 cash flow to my current $120,000 cash flow and in 2 months moving to $160,000 cash flow. Would you h...
What is the plan when tenants can’t work and cannot make rent payments? It has already started for me.
After many of the Ashcroft capital syndications paused distributions, I get this surprise email this morning saying all LP investors need to pay additional 19.7% of invested capital call anyone have experience with c...