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Hi BP!Interested in hearing from anyone that invests in the NYC metro area. Based on the notes below, does anyone have opinions on where to purchase?I currently own and live in a 1br/1ba in condo Bushwick Brooklyn, bu...
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I've focused on REO and have never done a short sale. So with no experience, I would like to ask those that have been involved with short sales about how they generally work.
Details: 2 family home in a good area ...
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I’m looking to pull some cash back out and purchase more properties while still cash flowing. I purchased 2 SFH and 3 duplexes with 25% down in the KCMO area. One SFH is worth about $35k more than purchased and the ot...
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This new Fannie and Freddie fee of 1/2 of 1% of the loan value is going to be a bummer for BRRRR. However, this will have a far greater oppressive effect on low-income families. If you feel this new fee is out of li...
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Hi, I'll make this brief. I have no assets but am planning a future in real estate. I research occasionally and build scenarios in my head to see how purchasing proprieties will result in cash flow. This most recent s...
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We have a seller that is willing to get as creative as possible with seller financing, lease option, or whatever it may be. Outside of that we are trying to see if there are any other creative financing ideas that may...
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Currently own two SFH that we purchase with cash (and some zero APR credit cards).In the process of getting them both mortgaged (conventional route). I'd like to hear different methods of financing. I want to have a b...
Hi Guys, Sometimes its the simplest concepts that I overthink, but I am having a bit of trouble comprehending a refinance. Lets assume I take out a mortgage for X amount amortized over 30 years at 6%. When I refinance...
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I just had an offer accepted on two duplexes. This is my first purchase. I am now talking with a mortgage broker who is presenting me several different loan packages. I am putting 25% down each duplex, looking at a ...
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Hi BP Family:I'm in contract for a house in Trenton NJ. The title search shows that the water bill is outstanding for 2K and the water to the property has been turned off by the city of Trenton. The appraiser has a co...