Vice President Harris is expected to announce her plans at a rally on Friday. According to Forbes, it will focus on creating more affordable housing. Some of the finer points that I can see are $25,000 in down payment...
Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...
Hi, I was talking with a lender today about what their rates are as I'm looking into making an offer on a triplex. The mortgage guy told me that since I plan to put the property into an LLC (which I do) that he'd nee...
Hello all, does any know of some insurance companies that does coverage for rehabbing?
What are your predictions on conventional mortgage rates in the next six months to a year?
Hi All,I'll respect everyone's time and keep this short and to the point. I'm just starting out as a newbie RE investor and I met with a loan officer at my local bank (CHASE). I wanted to request a pre-approval for ...
It is inevitable that when you are in the MHP/Affordable Housing space you will have applicants who are Felons, Drug Addicts, Sex Offenders and have poor credit.Here is how I handle each of them:Felonies: It depends o...
You have to take this post with a grain of salt but I have a lot of people that ask me where I buy and where I don't buy.
For the most part, I invest in Red states, meaning states that tend to vote for Republican can...
According to a recent article by Axios, WA lawmakers are considering eliminating Single-Family (SF) zoning in certain cities, like Seattle. Under the proposed bill (HB 1110-2023-24), quadplexes and sixplexes could be ...
Insurance ChoicesWhat things are important to you when choosing between two policies. Which of these policies would you choose and why?The property:Single family, two-story home with partially finished basement. 3 Bed...