Manny Vasquez
Investors are withdrawing money from REITs in record quantities
I just read an article on the Wall Street Journal https://www.wsj.com/articles/i... stating the fact that investors have responded to rising interest rates by pulling money out of real estate funds in record quanti...
Twana Rasoul
5% Down Conventional Loans for 2-4 unit Multifamily
Fannie Mae is coming out with new guidelines to allow 5% down payment on 2-4 unit multi-famiy (Owner-Occupied)...This is huge news at least for an area like San Diego where FHA (3.5% down) can't be used for 3 and 4 un...
Timothy Doenges
First Purchase in the Books!
Hey all! Super excited to tell you all that we have closed on our first deal! Not a home run, but I’d rather hit a single at my first at bat than swing and miss.Found this property on the MLS, out of an estate sale. 2...
Rian Ash
Cash Positive Property- Can a company get mortgage?
Hi BP Experts,
I have been thinking of expanding my portfolio once I reach the limit for financing 10 properties and cannot get conventional financing rates. (Currently between my wife and I, we have 11 properties an...
Nitara Jones
Debt Ceiling Crisis Could Impact the Real Estate Market
In case you haven't heard, Congress is under pressure to raise the national debt ceiling before Oct. 18th to prevent the U.S. government from running out of money to pay its bills. If Congress fails to suspend or rais...
Cameron Moore
Insurance Coverage Basics
First, there are 2 types of Valuations in insurance; RCV (replacement cost value) and ACV (actual cash value). RCV is almost guaranteed to replace your home back at the standard it was before it had a major loss. ACV ...
Tyler Condon
Closing costs are already covered, but seller wants to give credit for repairs still
How can a seller credit be paid once the closing costs are already covered? The seller wants to give a credit for repairs so we can close early but the closing costs are already covered. Where would this credit be app...
Teho Kim
Mortgage loans as a OOS investor? - Q's about rates
I'm nearly complete assembling my team in Indianapolis as an out of state investor. I've been preapproved by a place called MJW LLC, however am not seeing a mention of rates. Is this something I ask now, or will I be ...
Jackie Jones
How Should I Acquire?
I am looking to buy a property in Phoenix, AZ for my son to live in. At first I was going to purchase a cheap 1 bed condo for less than $50k. However, I've decided I want to purchase a duplex or triplex creatively.My ...
Chris Mason
VA Loans, "Jumbo VA," etc, 2020 and Beyond
Most important: "Exhibit A: Loan Limit Examples"Recall that a 25% guarantee = you don't have to make a down payment. When you go with 0% down VA and all is vanilla, generally you use up entitlement at a rate of 25%, m...