Hello all, very interested beginner here. I’ve started self educating on real estate investing with the goal to take action later this year or beginning of 2024. Specifically looking in the state of Wisconsin (Madison...
I live in nyc it is really expensive to buy rental unit here. I have 50k and want to get my first rental unit , should I do this in another state?
Realtor.com just released their 2018 Forecast for Top 100 cities, see where your city ranks against others. Ranked by sales growth and price growth. Forecast to include increase inventory, interest rates going up, 2....
Hello everyone, this is my first post. Glad to be here. As an agent, I've handled several short sale closings. After several painful deals, I came across a local investor who wanted to partner up. Her expertise was al...
Looks like some markets are begining to feel the effects of higher interest rates, a "non-recession" recession, and loss of confidence in the job market. I'm sure it's just temporary & will heal like pulling a sca...
Hi Fellow BP’s I have struggled with the following question for the past two years I’m I getting ripped off by my property manager. I purchased 6 rental properties a few states away three years ago and...
Hi,
I was wondering what the repercussions were for a fix and flipper (borrower) if they were to default on payments and get foreclosed on by their private money lender.
If the foreclosure process wer...
At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...
Hello BP members!I am new to REI and joined BP several months ago. We live and Turlock, CA and are looking for buy and hold multi family opportunities for cash flow. Unfortunately our area will not support cash flowin...
I just put this property under contract at $417k on an FHA WHERE MY MORTGAGE SHOULD BE ABOUT $2,700, with $14,700 down. The property is .96 acres and it is zoned "light commercial "as you can see from the pictures I...