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Evening professionalsNeed some answers! I purchaced a primary residence on 2004 at the high of bubble for 385,000 in RI. We put down 80,000 down payment and financed 305,000. 2 yrs later we got a 2nd mortgage out arou...
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Hello! I am new here, but not necessary that new in real estate. A few years back my wife and I borrowed money from our equity (HELOC) to purchase another home. We moved into that new home to fix and flip. Now we ...
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Hi BP'ers,I have been working in Human resources for a while (recruiter) and I have been reading on BP because I have a couple of rental properties (2 SFR, 1 Duplex). For some time now I had been struggling to figure ...
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Hello!Is there any Kiwi's that have been doing REI for quite awhile now and know the market relatively well?I'm looking to purchase buy to lets with great cash flow and am looking for opinions on certain regions.Any a...
This is a topic that gets tossed around a lot in the investing world, but I personally have never actually seen/read a real in-depth discussion on this aspect of real estate investing: Should you (and why should you) ...
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Hey guys and gals, So over the past few days I've decided to put my finance and business background to good use and build a financial model from scratch, using a few ideas and pictures I've seen around the internet an...
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Not sure if everyone saw this but Reuters had a big article yesterday on short sales.
http://www.reuters.com/article/bondsNews/idUSN3046464720091130
Some highlights:
1. Subordinate lien holders have a cap of $3...
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Hello all, new to the Real Estate world, only one SFH under my belt (which I’m currently living in.) Both my wife and I are active duty military near Colorado Springs. I just used my VA loan for our current property. ...
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When I am dealing with wholesalers or Realtors they almost always ask for my formula. I tell them, there is no formula, if you think it is a deal, send it to me and I'll run MY numbers on it and let you know.
If it ...
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Hey All,I'm purchasing a duplex in Columbus, which is fully rented. One of the tenants is Section 8. Just curious if anyone whose been in a similar situation has advice. I'm already following up with Columbus Metro Ho...