Asking for a friend. He is 54 years old and inherited approximately $550k net of taxes. The balance of his home mortgage is $550k with 6.5% APR. Would like to know which one you would choose and why(goal is to earn ...
My business partner and I are looking to invest in our first rental investment property. We have analyzed over 100 properties in the Greater Boston area over the last month, including visiting 35+ in person. I am quic...
I’m in the process of buying my first rental property. My credit union is offering 3.1% on an15 year while another lender is offering 4.87% on an 30 year for investment properties. I’m 46 and aim to retire by 65. With...
Back in June I have received a security deposit and in July first month payment for a lease starting on August 1 move in date. On August 1 I was informed by the tenant she is breaking the lease due to some family issu...
Once again Mortgage Backed Bonds (Securities) are the only thing holding the housing market together. Why is this a big deal?
1. In 2008 the problem was sub-prime mortgages "guaranteed" by MBS, Mortgage Backed Secu...
Looking for anyone that would be interested in homes already rented in Gary (or Northwest Indiana). Rent between 650 and 800 a month, cost between 25k & 30k.
A few months ago, buyers preferred higher end finishes and were willing to pay a premium in almost all parts of town to see really nice stuff. This is in part what was driving prices up so wildly. Flippers were puttin...
ATL investors, what do you think are the next growth areas of the Atlanta area? What areas will be seen as a destination area in 4-5 years from now? My guesstimate is the expanding Cumberland area thanks to the new Br...
I just got back from talking with the bank about my situation. I was told in my situation that I should be looking at properties with 5 or more units. My goal is to simplify everything and to have one person I can g...
Hi BP,I have been looking around in CT (upper mainly) and found out that I am the only one that is Asian. I found a great place which I think can generate passive income however am not sure about my surroundings. Will...