Account Closed
Don't be an idiot investor!
Here's an excerpt from a book I'm reading by Dr Peter Linneman explaining the reasons for the subprime meltdown:
Bill Dean
Why I love paying sellers interest instead of the bank!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $169,000
Cash invested: $5,000
Purchased a FSBO using seller finance. I had just become a Realtor and knew I couldn...
Bill Dean
Why I love paying sellers interest instead of the bank!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $169,000
Cash invested: $5,000
Using seller finance, I was able to pay asking price plus more to the seller while a...
Sylvon Roberts
Buying My First Duplex FHA Loan Info.
Can someone explain to me the process of getting the FHA loan that only requires a 3.5% down payment as long as you live in one of the units ?
I am 18 and am looking to begin investing in Real Estate as soon as poss...
Yeng Lacanlale
BRRRR and Debt-to-Income
I am new to the BRRRR concept. I get the process.
However, doesn't these banks eventually see Income vs Debt after doing this over and over again. Specially with folks who do this at a very fast rate.
Can someone ...
Andrew Weitzel
No to low money down
Hello BP friends,
I looked at a student housing duplex today which is a solid property. The listing price is 92,500 which ideally do not want to pay that but I could cash flow on that if it was filled to 75% capacity...
Tiffany Bishop
How to add my name to the title of my husband’s SFHs in NC
My husband owns two SFHs in North Carolina. We would like to keep the loans in his name but add my name to the titles.
Any recommendations on who we could contact to help us do this? This shouldn’t affect the loan, r...
Maiddo Esho
New from Buffalo NY.
This is Maiddo from Buffalo, Ny. My wife and I am interested in buying and holding rental properties. My wife and I are presenting looking for our first property and hope to close on one or more before the end of the...
Kraig Kujawa
How do Finance One Duplex, Two Deeds?
Good news! I got a deal on a Duplex. Now the bad news. It appears each side has its own deed.
My lender says that means two loans, which seems bad because it would eat up two of my initial 10 FNMA loans and I’m guess...
Ron Willbanks
Lender needs reason for Cash Out (refi)
I am refinancing my home to get some cash out so I can have more capital to invest in real estate. As part of the paperwork, my lender is asking for the reason I am refinancing. How will the lender react if I explain...