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I have used excel spreadsheets to manage my budget for for primary and 3 investment properties. I'm starting to realize there must be a better way. please let me know what software package you use to track what is du...
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I have a duplex that I financed using an FHA loan (paid 3.5% and had to have MIP for 5 years and must pay off 22% of the balance)I just had the MIP removed. Is my loan still considered an FHA loan? Do I qualify for an...
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We've seen tremendous interest from investors seeking larger balance investment property HELOC's or home equity lines of credit. Understandably, investors are looking to tap or access increasing equity positions, many...
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I am happy to say that I completed my first fix and flip today! In summary, here's how it all went down:I saw an ad on Craigslist for a home in North County, MO selling for $15k. I shot the seller a message stating th...
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My company's 401k will allow me to take loans of up to 50% of my balance. I believe the rate would be around 5% and all the interest goes back into my 401k. On the other hand a hard money lender collects the interes...
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Hello BP members,
Is anyone familiar with this program? If so, would like your feedback. I am interested in this to build up equity faster and use that to buy real estate.
Thanks, Kishor Thope
It gets worse. My Gmac mortgage was sold to Ocwen a few months ago. I just got off the phone with them...and the Indian guy tells me as of January 2014 my mortgage will go up $200 due to my escrow being negative......
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Good Morning family,
I'm aware I don't need a LLC when executing a few deals starting out, but would I be able to run a business doing wholesale deals under an LLC meant for fix and flip? My plan is to fix and flip t...
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Here is the front side of my new mail piece. It is a greeting card. The picture was taken at Epcot World Show Place in Orlando
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Does anyone have any experience with interest only loans for home purchase?