Jimmy P.
Foreclosed now want cash out refi
A close friend of mine lost her house in the fall of 2010. She now owns two homes outright and has had the same job making over 50k for 7 years. She has tried to find a way to pull the equity out of the homes so ...
Mike Morrison
Can RE Investors Compete against Freddie Mac in the Rental Market?
I ran across a post this am on housingwire.com. Appears Green River Capital, a servicer for Freddie Mac, is launching a REO RENTAL PROGRAM for Freddie.
Folks at Zillow don't think this will bode well for RE Investors....
Loc R.
Rant: Morons everywhere
So I just paid a $10,000 tax bill. Here's the background.
In 2010 my wife & I bought a house. We qualified (or so we thought) for the $6500 tax credit.
I was a "long-time homeowner" and thus qualified for the ...
Account Closed
Need help w numbers on 12-unit in goverment stabilization program
Hi BP,I'm currently looking at a multi-unit deal in Florida that is part of a local government subsidized neighborhood stabilization program. The deal is for 12 separate multi-family homes, and the seller is saying t...
Jameson Sullivan
Apartment complex available ONLY to nonprofits for first 180 day
There's a 28 unit available in my area and Id love to find a buyer for it but the broker says its only available to non-profit corps for the first 6 months or so before it goes up for sale to investors. Has anyone hea...
Ryan Komagome
Pros and Cons of Section 8 housing
Hi All,I'm new to the investment game and wanted your experts opinion. There is a property that I'm looking at that has very good calculated returns. The biggest question in doing the deal is there is currently a tena...
Pedro Ramos
FHA Loan / Credits, Grants, Government Assistant etc..
BP Nation-
I'm buying my for home and plan to get a FHA loan in Florida. Does anyone know if there is anything out there that I can get additional help from? Not sure if there any credits the government gives or gra...
Kenneth Coleman
Should i rent to Section 8 or not?
Is it better to rent to someone with a section 8 voucher or rent to someone without one? Rent would be the same for both.
Brian Zaug
Section 8 is now a protected class in NY
My agent just emailed me this news. "Lawful source of income" is now a protected class. Just a heads up to NY investors. I could see a lot of discrimination lawsuits because if this. My local craigslist is loaded...
Darcy Murnaghan
Waiting period for investors on Properties ??
We are looking at some perspective properties that just came onto the MLS system. They seem like great deals after we ran the Cma's etc.
Problem is we are unable to make an offer because of some waiting period that h...