Actively looking for my first 2-unit househacking multifamily. I have gotten conflicting feedback from both lenders and realtor regarding FHA loans vs. low-down Conventional. I've been told that FHA makes your offer w...
I have a deal I'm interested in and would like to know more about it but the broker specifically says "there can be no showings until a contract is executed" what exactly does that mean? I understand I have to submit ...
I'm looking to have my first deal as a rookie investor this year here in Toledo, OH. I will have $16k of money borrowed from relatives and I intend not to use personal money. Maybe up to $5k personal money if really n...
Hi BPers! This is a new one for me and I'd love some feedback. I just moved and am trying to rent out my previous home which will give me my 2nd rental. I have been vetting out a joint applicant couple. I educated...
Cameron Dunlap offers a funding service for which he manipulatively requires $1000 as a RETAINER and upon completion of your first funding, your $1000 would be knocked off from the 3/4 points charges....he also gives ...
"from 1890 to 1990. The American dream of building wealth through homeownership is a FALLACY. That was the bubble thinking but its still fresh in our minds."
Robert Shiller, Economist Yale University, and c...
I'm interested to know how old you were when you bought your first investment property? How did you obtain the financing and credit needed to buy a property, especially if you bought a property when you were really yo...
Dear All,My family is trying to make the best out of a situation that we are currently in. We live in Southern California and have a rental property which rents about 2k per month, after paying the mortgage (about 10...
Hello BP Familly:
I am a first-time poster and long-time lurker of the BP forums and have been reading and educating myself using the BP resources for the last year. I've been listening to as many episodes of the pod...
I am fairly new to the concept of buying/selling mortgage notes and I have been reading about it. From what I understand (to put in simplistic terms):
Lenders (could be banks, financial institutions, private people) ...