I recently received an email from one of my friends who works in real estate. He fears we are in a bubble and it could collapse at any time. The following is his message.Hi Tom,I had a good call with my friend John to...
I cannot seem to find my answer online and I want to have some knowledge on the issue before i reach out to a mortgage loan officer. Two months ago I purchased my first duplex (house hack!) and I received a convention...
Can anyone tell me a quick cheap place to sign a private money agreement with someone. My friend has 100k he wants to lend me but wants something in writing first, interest and balloon payment etc.
How In-Migration Shielded Tampa’s Multifamily MarketBy Laura CalugarAccording to Managing Director Phil Ginexi and Managing Partner Kyle Keelan, Pandemic-induced relocations to smaller cities have supported Tampa’s re...
Hello Everyone,I am looking to buy my first rental property in MD. Focusing on Baltimore City and Baltimore County as it is close to where I live.I want to be able to pay for the house in cash (due to various reasons,...
Hello everybody! I am a brand new real estate investor in Los Angeles and SF Bay and my question is does the 70% Rule still apply in today's market. If not what is the formula that is more applicable these days that y...
Recently I have been looking at commercial properties as well as 16+ multi-unit apartment buildings as an investment possibility. As I was looking on loopnet for pure commercial I have been noticing that there seem t...
I am looking to buy a property and am using an agent that I have worked with before and I am happy with how it went. However a discussion occurred today that I am not sure how to interpret. I asked her if a subject pr...
Hi this is my first post and I have been reading all the useful information on this site. I am happy to see that most people at BP are very helpful towards their fellow investors. I would like to know by what proces...
I don't completely understand this and need someone to explain it to me.
2 people have 50k equity in their 100k home. 1 decides to refinance and cash out 25k and bring the house back to 75% LTV. The other is ...