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Every January, we release our outlook on what we believe is likely to happen in the coming year. This year is difficult because so many things are happening simultaneously worldwide.
I started this outlook in our Dec...
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Bought a new build townhome for $525k just over a year ago with 20% down securing a 4.2% interest rate. PITI is $3,100.Moving out of state in a few months.There are still new builds identical to my model for sale goin...
I graduated college over a year ago and would like to live in Arlington specifically Ballston, VA Square, or Clarendon for it's nightlife, metro access, and vibrancy. I'm interested in house hacking to build equity wh...
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Excuse me if this is not the right forum.
I am in Tampa, Florida. I see a house that SunTrust Mortgage bought at auction in August 2013 for $72,100. The property appraiser's website shows a Certificate of Tit...
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A friend told me of someone that will be entering foreclosure soon and had a question in regards to this. Let's say he owes about 200K on the house; now how do you go about on trying to purchase the house? do you buy ...
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Many of us here on BP pretty much know the various types of deeds... Warranty Deed, Grant Deed (California), Deed of trust, Quitclaim ect. We also know some the differences between them. So my question is when would w...
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I'm having a hard time valuing seller financed deals. I've had a few come accross my plate, and I'm thinking I had it valued lower than I should have. I understand a couple good rules of thumb:
Cash Deal: AR...
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Hello. I'm a wholesaler in NY. New York is an attorney closing state. My sellers attorney said he will not write a contract for less then 10% of the sale of the home. My seller and I agreed on an earnest deposit for m...
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I have been doing this LL thing for 6 years now. My average annual vacancy rate for my business is around 7%. That is taking all the occupied weeks and dividing by all of the available weeks (X100).
I usually have ...
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Hello BP family. I'm working on my first deal after about 3 months of marketing, and need some advice on whether it is worthwhile. This lead in particular was generated via my high equity absentee owners list (500 ...