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http://cashtalks.co/how-the-federal-reserve-printing-money-affects-you/
Basically says Real Estate will be a good bet as inflation continues to increase because of unregulated money printing. Thoughts?
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Let's say an investor is buying a 4 plex for 150k putting 25% down and needs to have 20k in liquid reserves per the bank, if you were short say 10k, can you borrow 10k for the remaining or is that not allowed? I know ...
I noticed Neil Gorsuch just signed a law acknowledging a treaty from the 1800’s which makes almost half of Oklahoma Indian territory. Has anyone become members of the Indian Nation accidentally, or would you lose you...
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This question is for anyone who has a relationship with a portfolio lender, does your lender require a set amount of reserves per property like Fannie Mae? This is not a debate on whether you should have reserves. For...
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Hello BP community,
I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.
Does it go straight to the bank? Invested in CD's or a ...
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Hello BP community,
I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.
Does it go straight to the bank? Invested in CD's or a ...
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My client owns 3 SFRs and a commercial building for their business (in an LLC, used by the business but with personal guarantee). They were told that since they will be purchasing a fifth property with a Jumbo loan (w...
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My mother (retired) owns 2 condos and her own home free and clear. She went to Wells Fargo to take LOCs on the 2 condos to access the equity to buy another unit and was told they would do 60% LTV. Now Wells Fargo wa...
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I have thought about 3 strategies for putting money aside for repairs on a rental property:
Method A - Determine an amount and "escrow" that
Example: $2,000 (depends on size of property)
Put away $166.67 until that a...
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Hey all,Would love to hear your take on this one.In my current situation, I have the money for a down payment and I can get financing and buy another property(this one will be number 3).Now, if I buy another property,...