My personal finance teacher is using the Dave Ramsey course and doesn’t agree with me that real estate is a good investment. Instead he teaches that stocks will make you a millionaire no matter what even if you don’t ...
I’m in year 1—I have been eyeballing RE for years though. I have recently been reading a RE book every 7-10 days and man, have you ever been like “THIS IS A LOT OF INFO!!”I want to do this, and I do believe RE can and...
On October 22, the CFPB finalized targeted amendments to the Dodd-Frank Act mortgage rules that took effect in January 2014. The amendments include: Points and fees cure. Under the Ability-to-Repay/Qualified Mortgag...
Reading Ray Dalio's book makes me contemplate some more about where real estate is heading. Looking back at the last 15 years everything seems so predictable. New housing starts grew year over year and well exceeded l...
Hi BP!Hope everyone is doing really well. I am buying a new construction primary in May and hoping for some advice prior.I have a relatively high DTI due to 7 other other conventional loans and my broker advised that ...
I am interested in investing in the Birmingham area and would like to know if there are any revitalization projects happening in or around the city. Any big companies planning to move in? Any new construction going o...
Over the past 4 years, banks were lending non-stop to anyone breathing using no doc loans at high ltvs. Now market prices have fallen, ltvs are more stringent, and now banks are hesitant to lend. Go figure a bank's me...
Hello BP forums! I am going into my senior year of HS and have been accruing capital for the past year-ish. I currently have about 10k saved up with +7k in my checking and 3k in my stocks(a bit less rn because of th...