The economy seems to be on fragile ground based on this "unexposed" information about the Fed repo. How are you preparing for a potential downturn?
Hey BP community, I have been under contract for a while on a piece of property out in GA. It is a 40acre tract of land that was owned in an estate. To make a long story short, there are a lot of potential heirs of th...
My name Margie Fuller. I was in real estate sales and Property Management for 16 years, but left the industry at the time of the real estate bubble to go back to college. I have a master's degree in organizational psy...
A little background I already got two properties rented (single home properties), their mortgages are paid in full so I created an LLC and decided to expand into fourplexes. The bank is telling me that any purchases...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $573,000
Cash invested: $65,000
Purchased a 2:2 with a loft cabin in Sevierville,TN. Purchased with a 10% down loan...
Are both a Promissory Note as well as a Deed of Trust needed for a small private loan (~10% of single-family house cost)? I've gotten two "yes" and two "no" responses regarding the need for a Deed of Trust. All four...
Hey all,
This should be a quick one. When building a new home, how early can one expect to lock-in an interest rate? I know most locks are 30-60 days but does that differ with new construction? The home in question w...
Hey guys,When evaluating properties, what's the best resource for finding out the expected Property insurance rates? Individual quotes from insurers seems time consuming, and they don't seem to want to give a quote un...
Looking at selling a property and will do owner financing to my buyer. I have a wonderful mentor in this matter but I would like to gather all the opinions of the experts here. What do I need to do to protect myself a...
Hey all - this is a bit of a follow-up to a question I posted earlier (http://www.biggerpockets.com/forums/49/topics/120948-finance-101-how-do-i-buy-this).
I'm looking to purchase a vacation rental property t...