Nick Pierce
Advice in using a 203k FHA Loan as a first time home buyer?
Hey, I’m looking to purchase a Duplex next year and am considering whether I should use a standard FHA loan or the 203K FHA loan.My goal is to live in one unit while renting out the other to pay for all the expenses, ...
Kevin Semenas
The NEW housing market
Who is late on their payments and what does it mean for the housing market? In 2008 the housing market crashed due to the high level of leverage, but laws have been enacted to prevent that from happening again. Right?...
Jose Alejandro Hernandez
Nothing seems to pass the 50% rule
Just starting out here and been reading Brandon Turner’s book on Rental Property Investing. The book gives a rule to use to quickly screen properties known as the 50% rule [(0.5*projected income/rent)- (Mortgage P an...
Anthony Myatt
Financing rental properties
What are private investors looking to earn as a return on their money?
Collin Savunen
Why hasn't the market crashed yet?
I have been listening to all of the podcasts recently and reading and searching the forums alot. It's has been said that the market will crash soon for the past 3-4 years from what I have found. I am not a market foll...
Mike Schorah
Will housing prices plummet in 12 OR 24 OR 36 months?
In the late 2000s, the housing market stalled. You had a lot of people buying. When all the cheap money goes away and the interest rates start going up, you have less people buying homes. So now what that did by incre...
Jody Powell
Switching lenders during escrow
Hi BP! I am a first time home buyer and have been working with a mortgage broker for the past 3 months or so. I am currently in escrow, and it dawned on me that I should have shopped around for my mortgage rather than...
Vikram C.
September foreclosure data
Here's some data that landed on my desk this morning from foreclosureradar. The data is for California for September.
1. Notice of default has been flat from August and considerably lower than earlier in the year.
...
Joshua Ibarra
Looking to secure a Construction loan in South Texas
I recently purchased land in South Texas with plans to build my forever home. I paid for the land in cash and am now looking to take out a construction loan to build the house. Does anyone have experience with banks i...
Josh Teunissen
Desirable today...but tomorrow?
I purchased a duplex built in 1989. It's my first home/investment. Its in an area that today people generally want to live, the other homes are kept in nice condition and new homes are still being built only a few str...