Nick M.
Which Financing Terms to Accept?
Hi All,Feedback requested.* Situation: I am in contract to purchase an apartment building. Purchase price $1.5M, $400K down, for a loan of $1.1M By making extra payments towards the principal and a large lump payme...
William Fuller
What information do you need from wholesalers about a piece of land?
When deciding to potentially acquire a piece of land that a wholesaler has under contract, what information do you need about the land or parcel? What makes your interaction with wholesalers go smoothly? What do you w...
Frank Barletta
Why I'd focus on Fix and Flip, not renting in Toledo, OH
Honestly, I would have never guessed that this market is actually not great for rental investments and real strong for fix and flips. Who knew?!
Here is the scoop:About this Market: Toledo, OH, emerges as a prime mar...
Justin Reid
Should I use an escalation clause?
I put in an offer on a bank owned (US Bank)property today. The house has been listed for 200 days, and just over 2 weeks at its current price point. A few hours after my offer was submitted I get a call from my agent ...
Andrew Dietz
Newbie College Grad moving to Florida
Hello, and good afternoon!
I've literally just graduated from Iowa State University with a professional degree in Architecture and a minor in Economics. After 6 years of college, I'm very anxious to enter the...
Jack Liu
Northwest Indiana vs. Indianapolis
Just curious if anyone has experience investing in the Northwest Indiana market. The cash flow looks promising there and it seems like it is attracting a lot of people from the Chicago area. How does it compare to the...
David H.
Ideas for Work Experience/Shadowing
Hi BP!I am a student in university, fairly new to REI and busy learning about my local market where I plan to invest.I am in the process of saving for loan down payment since I aim to first acquire a rental or more id...
James Wright
Interest Rate Risk Mitigation
Hello BP, Most people agree that interest rates will rise in the near term. What are you doing as an investor to mitigate this risk? Most Investor loans have a balloon payment or adjust in 5 years. If interest rates...
Joe Yobaccio
Non Owner Occ,SFR loan rates (July 2022) too high to cash flow?
I am getting both conventional and non QR rates for non owner occ, sfr rates of above 6 for amortized loans and 6.75-6.99 for interest only loans, all non owner occupied and with 1/3rd down. Even with $3400 month ren...
Dave Klein
Soo the Fed Keeps Cutting Rates... But Then What?
The fed keeps cutting rates in an attempt to keep the economy from going into recession. It's inevitable, at some point we ARE going to have a recession. What weapons do they have to boost the economy if the rates hav...