I am currently refinancing a rental property that I own. The new loan will have a $77,000 principal balance and a 15-year amortization and term. The loan officer presented me with the following interest rate options:3...
Hi,So I've started previous discussions on here regarding my dispute with the sellers over the EMD. Essentially I removed all contingencies on day 17 (part of the counter offer from seller) under the impression that m...
Hey all. Its been awhile since I have been on here.I lost my job and about lost it all trying to start my real estate business but now Im back and ready.I have a silent partner that is going to invest $50,000 in my re...
Hello SF BP'ers - What are the best value-add options for a single-family home in San Francisco zoned as an R3? (triplex). I own a property like this which is currently renting at market rate and would LOVE some guid...
I purchased my first property in March 2013 right after graduating college with a bachelor’s in finance (Dec ’12) and months after getting my first professional job as a staff accountant (July ’12). Making $35k /yr wa...
I was driving home from a party yesterday afternoon and saw a truck with a big American flag driving on the freeway. I asked my wife what's the occasion? She said September 11. She reminded me that I've been off my W2...
I was shocked, when I read a statistics about the level of success in the real estate investment industry. According to the information I read, only 5% of would be investors actually buy something. Does that mean, 95%...
I recently got my first property under contract in the St. Louis, MO. market (Florissant, MO. to be exact). I do not have a buyers list but yet I have managed to make some great connections regarding my area where i ...
Has anyone come across the Money Merge Account (MMA), which is being marketed by United First Financial?
The idea is to use a HELOC to prepay your first mortgage by timing additional payments. It is supposed to be be...
That is the question.
For many people starting out who are interested in becoming RE investors, the question is always, what educational program should I choose and should I spend that money or learn on my own.
That ...