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I recently purchased my first rental property with no money down. I did so by necessity as I am cash broke! However, I do put a substantial amount of money into my 401K account every pay check. I have always been r...
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Hello all. Apparently, the best terms on an investment property are currently 5.25-5.375% with 25% down, and 5.75-5.875% with 20% down, this is with a 740++ credit score. 30 year fixed. This is what a reputable lender...
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Hi! First time I’ve had an applicant threaten to sue. We said we could overlook credit with good landlord references, last landlord had documented that they owe a balance from withholding rent, so we denied. Tenant di...
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Closed on a house from HUD on Monday. Learned today that when Bank of America foreclosed on the property they did not include the second parcel number in their paperwork. This trickles down to us only owning one of th...
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I would like to address a concern I have about the herd-mentality of everyone and their uncle becoming "investors" and how this is likely to have very serious long term implications on housing that few have thought mu...
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While the nation struggles through a housing crunch, there are many markets that continue to do well, despite the rest of the country. I thought it would be interesting to see how some local markets are performing.
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