What would be the better option when purchasing a first home, cashing out early your 401K, using that money as a lump sump down payment and facing the tax penalties, or making a smaller down payment and facing highe...

What sort of qualifications does a local bank typically look for when generating a portfolio loan?

Here is a hypothetical scenario for the borrower:
Assuming the loan is against a 2-3 family rental bought with cash.
...

Dang it. Second time a buyer has jumped ship. Back to two foreclosures again...

Earlier this year I posted about another deal that didn't fly and why I viewed it as a success. This time the story is a little different but a success just the same.

Last time around we went under contract ...

I'm waiting on a short sale to come through. The seller told me he replaced the sewer line (with PVC) without pulling a permit.

I'm planning to rent the house out first (for years). When I eventually sell will I have...

On deals where you plan to rent, lease option, seller finance, or hold for any amount of time, which do you guys normally do? Obviously both have their advantages...but what strategy do you prefer?

i've been reading a book, and it was speaking of leverage. it gave the following example:

price paid : $150,000
down payment : $30,000
original loan : $120,000
appreciation (assuming 1 year @ 6.1%) $9,150

method 1
...

I had a house under contract that I just pulled out of. I was going to use a 203k loan.I want to share my story, because what ive learned in two weeks is pretty remarkable. I could have never learned all this stuff un...

Looking for an experienced Realtor to pull comps in Bloomington-Normal and send MLS listings. Will pay a fee for your service and refer clients who I cannot serve. Willing to pay a fee as well. Let’s hop on the phone ...

Hi all,New to the forum and excited to meet some new folks and grow my knowledge.I am pretty new to this space but own three single family properties with good equity in each and long term tenants. The rental market ...