Sydney Tiffany
Useful Real Estate Vocabulary for Beginners
I found this to be helpful in the beginning, hopefully you will aswell ...
acceleration clauseA clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. T...
Brian Burke
Just bought a 140 unit property. Here’s how I financed it (thanks BP!)
It’s always exciting to buy an off-market multifamily property, and even more exciting when the Houston Business Journal runs a story on it!
The property is a 140 unit class-C apartment complex in the Houston...
Keith Bloemendaal
Question About Reinvesting: Pay down mortgage(s) or save for next deal
Often I have seen advice given to always reinvest off the properties you are acquiring, my simple question would be (and there may not be an easy answer) would you take cash flow and pay down mortgage(s) so you could ...
Grant Hamlin
Should I finish my college degree?
Here's my situation, My name is Grant Hamlin and I am 21 years old. Right now I am attending college in Oregon and am pursuing a Business Degree. I am 2 years in and am now applying for Oregon State Universities Busin...
Brian Gibbons
Getting Busted in Ohio for Wholesaling and Praticing RE without a License
Read Ch 4735Get a lawyerGet licensed and do wholesaling in OH02 July 2014http://www.com.ohio.gov/documents/Fall10REdiscipline.pdfLYNETTE S. MALY, Twinsburg, Ohio, was found by the Commission to have violated RevisedCo...
Geoffrey Murphy
lower end rentals vs higher end rentals
Hey BP,
I have a question that has been on my mind for sometime now. I was reading a few threads from the archivsection on this but i still needed a little bit of clarification.
I notice that some investors invest i...
Scott Trench
What if Student Loan Debt Could Be Subject to Bankruptcy?
Hi folks - I wanted the BP community opinion on an off-topic finance related thought.It seems to me like a ton of millennials, and more of whatever the next generation is called, are graduating college with massive st...
Maureen Hannan
I want to sell a private mortgage note
Hello All,
I would really welcome advice from anyone experienced in mortgage brokering. I hold the note on a home in Arlington, VA. The amount of the note is $420K, and the home is currently valued at roughly $450K....
Joe S.
What are your thoughts about Prenuptial agreements?
A prenuptial agreement, or prenup, is a legal contract between two people who are about to get married. It outlines how the couple will handle their finances during and after the marriage, including:
Property and as...
Selina Giarla
ISO Lenders: 30 Yr Fixed or......10/1 Interest only ARM?
I have been striking out in underwriting with 30 yr fixed rates, the math just isn't working out for me to make any cash flow and the debt service monthly expense is wiping out any NOI and thus my yield. So... I am co...