Account Closed
Insurance!?? Not NREIG..help
We have 15-20 properties at any given time and looking for something different than NREIG. Please drop any names of real estate insurance companies’ you guys use. I am having zero luck on google. We are based out of A...
Fabian Chapur
Paying off the PRIMARY with EQUITY
Hello Everyone....My First Post and truly wanted some Feedback based on experience. To start, I will tell you that I am conservative with investing. I have 2 investment properties- Combined equity of about 600-700...
Joseph Eiwuley
Contractor contract request
I am a newbie doing my first BRRR. Does anyone have a draft contract agreement that I could use or follow to get the contractor to adhere to the terms & conditions during the duration of the work? Yet still if th...
Pat Brown
Just got out bid again...well sort of in Round Rock Tx
Put a bid on a house just east of 35 good location. House was almost 1400 sq ft and priced at 164,900. Put a bid at 170k and had the high bid but a cash buyer came in and they took that offer.It could come Back On Mar...
Frank Adams
REO questions from an old hand
Usually I'm kind of "Mr. Know-It-All, but it's been 15 years since I bought an REO and I'm pretty sure the ground rules have changed a bit.
I'm looking at a couple of SFHs in my area, $150K range, ARVs in the low $20...
Enwan Casson
Cash out refi
Good afternoon,
I want to do a cash out refi for one of my rental properties. I have two loan options to select from (30 year fixed and a 10/1 arm). 30 year fixed has an interest rate of 7.875% with a 54321 payment ...
Jack Pyle
The Fed lowered Rates by 1/2%!! Why aren't mortgage rates coming down.
Many people tend to think that the Federal Funds rate controls interest rates. The Federal Funds Rate is the overnight lending rate that Federal Reserve Banks charge each other for overnight lending. (We individual ...
Thomas Higgins
Inflation projections for 2023+
As we look forward to 2023, there appears to be a discrepancy between the perceived tail risk of inflation by some investors and the expectations for inflation as reported by the Federal Reserve Bank of St. Louis. Acc...
Kevin Merlander
Fix and Flippers: How are you adjusting your underwriting???
Hello BP Community, To all the Fix and Flipper's out there, I am curious about what everyone is doing to pivot and adjust their underwriting during these times. I have completed a few successful flips and generally s...
Kevin Yeats
Up to 58 bank failures
We are up to 58 bank failures in the US (thru July 22). These banks represent approximately $19 Billion in assets including 4 Billion dollar banks and 1 two Billion dollar bank.
This also makes 10 failures in July a...