I understand that when you use an FHA loan to reduce your down payment that you are required to carry PMI/MIP which will be added to your monthly mortgage payment but won't putting down a much smaller amount like 3.5%...

I know the BRRRR method is great for pulling value added equity out of your investment property. But if your initial mortgage on a $100k duplex foreclosure is $700/mth and your pulling $150/door. Your rehab is $15k. T...

If you saw the news this morning JOBs report is not as good as anticipated.I dont know about other parts of the country but when I went to a Panda Express to buy MIss Lori some lunch big poster for hiring15.50 an hour...

I made a offer on a property HW has listed via my agent yesterday.  All cash, 7k under 135k ask after determining the flat roof was in need  of repairs.   My agent followed up later in the day after submitting the off...

Hello everyone! (I did also post this in the marketplace, but thought I should share in the FL forums as well.)In an effort to add value to the BP and South Florida community as well as build up my own skills, I was t...

I need wisdom for a 22 year old with 40k in student loan debt? I want to buy and rent property and manage as a dream job but it doesn’t look very promising. Any tips, truth, ideas for what I can do?

I have a mortgage of 30 years that was taken an year ago and paid 5% down initially. I want to pay down additional amount to remove PMI. What does that do for me? Does it reduce monthly payments or keep the monthly pa...

I'm about to close a deal with a PML for $150,000, 12%, and 2 points.  I'm going to pay interest only for 6 months and then a balloon payment of the balance on the 7th month (after I'm able to refinance with a traditi...

Can someone explain what debt to income is and means?