Tommie Rowell
Down Payment Assistance Programs
Hello Everyone,I'm new to the real estate investing seen but have attended seminars and done some book reading on my own up until this point and I think I'm finally ready to take the leap! Through all my studies I've ...
Richard C.
Impact of FHA Mortgage Insurance Cut?
So the FHA is cutting mortgage insurance from 1.35% to 0.85%. http://www.usnews.com/news/articles/2015/01/08/pre...How do you expect this to impact your businesses, if at all. I'd have to think it is good news for f...
Paul Kwan
Real Estate Investment Advice
My first post but I've been lurking for awhile. I would like to thank all the members that have created this great resource.
I am looking for some input and critique about my planned strategy going forward.
I curre...
Martin Min
How to understand cash flow?
When talking about cash flow, I feel it is directly impacted by the down payment amount when purchasing the property.With a minimal down payment, the cash flow will be minimal, or even negative; on the other hand, wit...
Ashlee Fazio
Making multiple offers on one property
I am looking to make an offer on a condo in Wappingers Falls NY. I want to give a few options to the owner as far as the payout of the offer. For example, an all cash offer, an offer that splits the payment some now s...
Kathryn Tooles
First Time Home Buyer Loan for a Flip?
Hello BP world! I'm just getting my barrings in the world of real estate and have recently begun to look into purchasing my first home (for myself, not necessarily for a flip). But after digging deeper and finding tha...
Zac Smith
Seller Financing & Hard Money Lending
Hey everyone,
I’m trying to figure out how to minimize the down payment on this CRE MF acquisition. The seller has agreed to 75% seller financing and terms I like.
I contacted just one HML so far and was told I wo...
AJ Wong
Homes Prices up nearly 50% since the pandemic - How to cash out and reinvest equity
There was a fantastic recent BP Blog about home prices being up nearly 50% (47%) since 2020. Recently several of my investor clients have leveraged equity in their primary or investment properties as down payments for...
John Kelp
Should I let my portfolio go up for foreclosure?
Long story short , didn’t do my due diligence . Purchased not one but two properties from a foreclosure with no title search . Comes to find out each property has a mortgage. Combined with the price I paid through the...
Chris Seveney
Is this a good deal
Looking to get first investment and wondering if this is a good deal for rental
Purchase price $20,000
Down payment $5000 (or could pay cash) but figure minimize amount cash out of pocket
Rental - $450/month
This...