Henry Zhu
Rate hikes, where to invest this year?
Rates are still historically low at 5%, but affordability/price to income ratio is at all time low also, same level as 08 according to FERD website.The same rental I bought last year at 3.5% in College Park, MD would ...
Neel Iyer
ARM versus 30 year fixed
My goal is to get a conventional loan to buy and hold a single family rental to generate a positive cash flow. I am looking for a rule-of-thumb or general advice, not specific to my situation because there are so many...
Jon Klaus
Tax credits expiring--what will happen?
The $8000 first time home buyers tax credit and the $6500 credit for existing owners (at least 5 years) are expiring on April 30, 2010. That is, you must have the home under contract by 4/30 and close by 6/30/2010.
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Allen L.
market is 8 cap, rent under market price, selling for 5 cap?
Hi all, I am just starting to evaluate multi-family deals and came across a 23 unit multi-floor complex. I received its financials today and upon looking, it's 12-months performance puts it at 5 cap, and factoring in ...
Tyler Stone
Investor Looking for Brokerage to Hang Salesperson License
Hi BP Folks,
I recently passed my RE Salesperson Exam in Rhode Island. I am strictly an Investor looking to hang my license in a Brokerage, I will NOT be listing/showing properties to clients. I intend to utilize th...
Ricardo T.
How soon do I buy my second multi family?
Hi everyone,My name is Ricardo Taveras I am 28 years old and I am new to the BP. I am about to close on my first multi family in Dover, NH, which I utilized my VA loan to purchase I will be living in one unit. I wan...
Colin Spivey
House hack/live in flip on an FHA loan with a co-signer
I think I am correct on this, but there are a few stipulations that deviate my path from the normal. I am 18 years old and going to college about an hour away from where I live currently. I was going to be living on c...
Account Closed
Wholesaling to the general public
Would you ever consider wholesaling to a consumer rather then an investor if you could not find an investor in the deal? The situation I have in mind for this would be for houses with no equity in them however you get...
Dave Birck
Investing with 401k Monies
I'm looking to find someone who is using their 401k fund to invest in real estate. I've read about having to keep the money at arms length (3rd party) and not being able to actively manage properties. Particularly int...
Hossam Elaskalani
In-State vs Out-of State Investing
Hello!To be brief, I am a first time investor looking to invest a maximum of ~40k on a property. (25% down 4-5% interest is probably my best financing option, currently getting pre approved right now).I want to invest...