Hello all! I am 23 years old and just purchased my 6th single-family rental home.I reached out to the bank to find out how many more I can buy. The answer? Zero. My DTI ratio is now too high which I expected - so it d...
I'm closing on a 4 unit property this month. One of the units has a tenant who is barely ever there. It sits empty most the time. I don't mind this- less wear and tear, however I'm wondering if it's possible to house ...
Greetings BP world,
I am new to investing and still educating myself a little before pulling the trigger on a property. I live in the Burleson, TX area and would love meet up with other new and seasoned investors ne...
I have a question.
Will there always be motivated sellers? Will they ever run out?
If so, can someone explain that?
Is it because there's always people that will fall behind on payments?
Im convinced that Real Es...
Hello, I am an investor located in Austin, Texas and I am searching for assistance with marketing to people that are in bankruptcy or recently have been discharged from bankruptcy. I would like to send them postcards ...
I found a vacant house and called the owner. She said she gave it back to back to the bank in lieu of foreclosure. I looked up the bank and they went bankrupt and are no longer in business.What happens to an REO house...
Hi all-I am just trying to understand the REO market better.When does an auction that is in foreclosure property become an REO property?Thanks
Real Estate News in Brief
A string of favorable data (lower inflation, higher unemployment rate) has convinced the market that the Federal Reserve will begin cutting short-term interest rates in September, and mortga...
BP,
We are looking at buying a single family home available with seller financing. We would hold it as a rental property, which is what it has been in the past. The owner has not had good experiences with tenants an...
I am offered 100% financing with 50/50 split on net profit with private investor. Is this good deal to go or not? I don’t have to pay even a dime for rehabbing. Whats your thoughts? Good to go or need to think?