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Here is an interesting article that compares the current climb of oil prices into the stratosphere with the recent housing bubble. The theory is that the oil market is as unsustainable as the housing market was. I hop...
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Hi BP community,I am a tenant and had a question about the following statement in my lease agreement:"Regardless of assignment of responsibility, tenant agrees to be responsible for the first $250.00 of any repair or ...
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I used an FHA loan for my first triplex to househack and after a year would like to use an FHA loan to househack another triplex. My mortgage broker told me I would have issues with this because the underwriter would...
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I have just received notice that my loan was declined from my conventional bank.
I'm considering approaching the seller about his options for seller financing. How should I approach this?
I know this is generic, b...
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Hi BP Fam - The hubby and I have enough money saved to pay off either 1 of our rentals or our primary residence. Wondering how others might approach this, what makes the most sense, and why. Below are some data:1.) ...
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Two articles that appeared in the trade press yesterday suggest that it may be happening.First, in Globe Street, there appeared an article called "In Volume Dropoff, It's 2017, Not 2007."This article cited a Real Capi...
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Hi Everyone. I'm a somewhat of a newbie (own 2 SFR in Northern CA) looking to invest in my local market. My question is: Does the 2% rule apply in expensive markets (such as Northern California). It seems to me that t...
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I'm looking at a duplex right now in Tacoma WA, the central Tacoma/Hilltop area that is two units both 4 beds 1.5 baths, both units about 1,125sqft. It's listed right now at $239,000 and four months ago was $289,000. ...
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Hello!Looking at purchase a first home but the issue is the homes we’d like to invest into in our area are far too expensive. My fiancé and I are open to investing out of state and are actually in a trip in Texas to c...
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Is anyone familiar with Justin Williams and his program?If so, what are your thoughts?Deano