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Hello fellow BPers! I'm currently managing (trying to manage) a construction project on 10 apartment units that have been vacant for yeeeears. This has been a complete trial by fire, as I had zero experience with some...
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Greetings!
Scenario:
Bank A holds my mortgage with a 2.875% interest rate. My mortgage has private mortgage insurance (PMI) on it with a monthly charge of $91. My current LTV is approx. 45%.
Bank B holds my HELOC w...
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I just called my mortgage company to inquire about refinancing my mortgage and was told that lenders are not giving loans to anyone who is self-employed due to the pandemic. This is ridiculous! My income has remaine...
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Hello All,
I've noticed for quite some time that REO properties rarely hit the local MLS and always thought that was odd considering the amount of REO properties that I am aware are out there in my community and the ...
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I'm looking in the Long Beach area of Los Angeles County for a multi-unit apartment. I like Long Beach because there's no rent-control and apartments are more affordable at 125-190k per unit than most areas of Los Ang...
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Hello! Newbie here, but have been listening to a lot of podcasts on real estate and i came across an episode about using 203K Loan to buy a duplex, has anyone done this? If you have, what was your experience with it? ...
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As many of you know, I knew nothing about RE a year ago. When I started my research on the subject, I stumbled upon Bigger Pockets and joined it right away and started reading all the old posts, asking you guys quest...
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Hello BP,As a new wholesaler I wanted to get a better idea of the pro's and cons of contract assignment vs. double closings? is there a preferred approach? is one better then the other?thanks
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Feds move to streamline aid process for homeowners:
http://news.yahoo.com/s/ap/20081111/ap_on_bi_ge/meltdown_mortgages
Ooh, let’s see, maybe I can get bailed out:
1. Must be 3 months behind. Nope, never missed a ...
Hi all, I'm setting up my first STR, a beach condo in Ocean City, MD. I live 3-4 hours away, so I'm putting together some local resources. But I also want to be able to change door codes remotely, and unlock remotely ...