Question: Is it better to use cash or credit to buy real estate? Guidlines:Cash: You have enough cash to buy a piece of property outright. Credit: You are taking a loan with 20% down and 10% interest rate fixed. You c...
Sorry for the long post, but I wanted to give a full review of my first flip. I’ve had been lurking around BP for around 2 years now, and the amount of information is amazing. Here is the story on my first flip.I had ...
I started interacting with a RE agent months ago when I began looking for an Airbnb investment. The agent has been communicative the whole time (something that I can say about 5% of agents in my limited experience) so...
Hello everyone!
I’m an 18 year old real estate agent also in college as a business major. And I have a few questions.1. What are some work arounds to getting a mortgage if I do not have 2 years proof of income?
2....
Hi BP! I know many people come on here and say how they purchased 20 or 40 or 60 units in no time, but I wanted to post our very realistic and achievable situation of purchasing our first 3 single family homes in a on...
Hi everyone!I’m wondering what is your buying criteria? What is it about a property that’s a deal breaker for you? Do you only buy certain types of properties?
We are trying to find the way to reduce our family expenses and start saving for real estate investing. The biggest expense for us is insurance. What do you think, would it be smart to stop spending about $300 per mon...
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
I started my real estate journey 2 years ago and bought my first duplex fully rented. One unit ended up being a Section 8 tenant so I started Section 8 from my first day. This tenant has since had another child and mo...