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I have been saying for a while that I don't foresee the mortgage forbearance and foreclosure moratorium turning into a foreclosure crisis. There are three reasons:
1. Some people have the money ,but took forbearance ...
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Current Situation
Own home for 5 years now in suburbs of IL. Owe $390k on mortgage. Can sell for $520k
Wife and I credit scores both in low 600’s due to cc consolidation a few years ago, still being resolved.
$50k ...
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I'm just curious to see what motivates the people here to invest and to keep learning new things. I'm sure there will be lots of different reasons. My main motivation is, of course, money, but money that brings power ...
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Excited to have found this forum! I’m an architect in Chicago looking to get on my feet on the development/ownership side of the industry. Ultimately my goal is to work as an “Architect-as-Developer”. It’s frustrat...
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Did you acquire residential or other investment property in Santa Cruz County prior to July 1st, 2023, and are now contemplating selling it? It is essential to familiarize yourself with the new septic system ordinance...
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I frequently see sub2 deals on FB and other sites and out of curiosity I look at what they are offering. When I look at the property and the information what I am noticing is the "game plan" is as follows:1. Find a p...
Hey BP community, I'm trying to get a handle on the BRRRR strategy and although I think I've got it I have 2 quick questions:1.) For the initial loan to obtain a property, does it make sense to go with a shorter term ...
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Hi everyone! I am a new agent in Cincinnati Ohio. I have been apart of Biggerpockets for roughly a year now while trying to buy my first buy and hold property. I decided to branch out and get my license so that I can ...
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Greetings,I am a mechanical engineer in the Boston area. I am looking at the very real possibility of a job loss in the near future. I have decided at my age I am 54, its time for a career change. My monthly financial...
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Good morning everyone,
I bought my first prooerty cash and in the processs of trying to rent it out. But my question to everyone is, I tried filling out mortgage app to get my next property and from what ther...