For those of you who believe the CFPB will not go after small operators, or that MLO's are experts on regulation that can protect you, consider this excerpt from a press release:The CFPB found that David Eghbali refer...
Hello BP! I am a real estate investment rookie learning the ropes by a mentor friend who is pretty successful at this in Grand Rapids, MI. He introduced me to it while climbing up Mt. Kilimanjaro earlier this year. Fr...
Critical Update: Waiting too long for the Fed to cut rates could significantly impact your approval chances. According to Business Insider, interest rates are expected to stay higher for longer with no cuts in sight u...
I recently moved out and leased my house in order to reduce my personal expenses so I can maximize the amount I can save to go towards my first real investment deal. The house is still on the original mortgage which i...
The fed announced today that it would be ending its 6 year period of QE. The labor market has been recovering and the feds expect national economic recovery to continue amidst a global economic slowdown. They also me...
The average homeowner has a net worth that is 44 times higher than someone who rents. Would it be life changing if five years from now you had built a portfolio of 3 investment properties? Have you thought about how t...
Below is today's CFPBs Bulletin on Credit Repair Companies (Fraud)I have assisted Tenant Buyers get mortgages with damaged credit and high DTI since 1986.If you are recommending some credit repair companies to tenant ...
I love money. Not in the greedy way, although I do have ambitious financial goals. I'm talking about the science of money.
It's a great combination of psychology (individual and group) and mathematics. Two of my fa...
If you are like me... You do not have a high paying job. You earn just enough, barely or not even close to "making ends meet." You spend 1/3 of your life or more wasting at a job you dislike for pay that struggles t...
I have a rental home with approx. $87k remaining on the mortgage (6% rate, 20yr, currently at month 57 of 240). I will be receiving approx. $91,500 tax free; more than enough to pay off the mortgage immediately.
I wa...