My brother bought a house recently and he let his friend who was homeless move in because he got a job. The idiot quit the last 3 jobs in this economy! over stupid things! So no he still doesnt have a job and hasnt pa...
Is it better to buy an investment house using money from home equity or with your own money for a down payment? It looks to me the intrust rate is the same so I would just have 2 loan instead of 1 loan.
Hi BP nation, native Philadelphian here!Just a little background to begin: I had nearly $80k in student loans when I got out of college. However, I never got financially responsible until 3 years ago when I realize I ...
We are thinking about putting a house on the market in DFW (updated starter homes are going in hours under multiple offers) and I am pretty sure financing bank's appraisal is going to come in at less than what a bu...
If you’ve managed to untangle yourself from “paralysis of analysis” for long enough to explore your local market, here are a seven ideas to bear in mind:
1. Keep it within 30 minutes of where you live: The reason fo...
My wife and I are new investors with one single family rental in our "portfolio". In my area there are a lot of $80,000 or so homes that can be bought to rent at $800-$900 per month. The cash flow on these deals (wh...
I’m a contractor and have two apartments already in two different locations. I want to purchase a lot of houses to hold and rent out to build a huge amount of equity for retirement. Seems that banks want 25 percent do...
I got in a car accident several months ago. I was found at fault, and my insurance only covered the minimum which is around $20k, but the person claims she needs surgery and requires $200k , she's getting a lawyer to ...
Recent Bigger Pockets episode motivated me to reach out to US Bank about their mortgages and loan products. I found out that they are one of the few banks that will do 90% LTV on HELOCS. Most I usually see is 75-80%...
Hey BP community!! My name is Mike and based on the subject and category of this thread, I think you have guessed (correctly) that I am new to the site. I stumbled across the site when I was looking for investment p...