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Real Estate News in Brief
What a week! We had a huge downward revision to the BLS jobs growth figures, the Fed minutes explicitly said that a rate cut on Sept 18 was likely, and average mortgage rates moved below 6.5...
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Does anyone have any experience to share with moving houses? I am considering purchasing a house worth a significant amount of money and moving it to another lot in a zip code nearby. Any words of wisdom?
The story...
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I think there is a pretty easy way to lower prices of housing to some extent.. And that is to do away with Mortgage Broker and have all home loans orignated by the direct lender/ Banks..
I personally bought a home i...
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This is a monologue, but I'm interested to see reactions. I've been mulling over a number of high level things, and think that economic reality in 2022 is very different than people (media, left, right, etc.) perceive...
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Hi everyone. I'm hoping you can help me find some good DSCR lenders and give me an idea of the going rates? I was quoted 9.75% for a DSCR on a rental property recently. Is that average? High? Low?! As I am shopping, w...
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Hello everyone!I am looking to get started lending out of my IRA. I looked into note buying, and while I really liked the idea, it seemed like having good access to notes was key and I don't have that.Right now I'm at...
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In November 2023, Fannie Mae introduced a new policy allowing owner-occupant loans on 2-4 family homes with just 5% down, a significant change from the previous requirement of a minimum 15% down payment. One might thi...
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Hi BP Community,I've been consuming BP content over web and podcasts like candy for the past 12 months and wanted to finally (formally) intro myself.My name is Jason. I discovered BP in the fall of 2017 which removed ...
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My husband and I are currently rehabbing a duplex in an up and coming neighborhood of Columbus, OH. The plan is to househack for a year or two (live in one side, rent out the other). We've finished renovating our si...