I would still classify myself as a newbie in the real estate investing world, i have 3 rentals currently, but they all came from my military days as personal owned homes that i kept and turned into rentals, i had 7 re...
I'm getting ready to do a "2-fer" and, with a partner, rehab two homes for rentals. My partner is experienced and I intend to ask him the same question I'm asking here (and I know he will thoroughly educate me which ...
Don't look now but mortgage rates have declined at an almost historical rate during the past month. Just 4-6 weeks ago clients purchasing second home or investment properties were being quoted in the 8%'s and even..gu...
Happy Friday, BPers!This is my first BP post, which I am compelled to write based on my experience attempting to wholesale with a mentor.The background: I signed an agreement with local (Philly) wholesaler that says w...
2012 my seem like a long way off, but 28 months isn't that far away. This Business Week article is a couple months old and it predicts a couple more down years followed by a return to normalization. Of course it hed...
When using the 50% rule to evaluate rental properties what expenses are included in the 50%? Are taxes and insurance included in the 50%?
Thanks for your help.
Hey there BP Community!As the title states, I was dumped by my lender today. 😢 When I was out and about running errands I received an email from my lender stating that they will not be able to do any more cash-out ref...
I was told yesterday by a Phoenix realtor that the "valley" is down to a TWO months inventory of unsold homes. Is this accurate? Normally a 6 month inventory is thought of as normal or healthy. If this is true, prices...
My 6 remaining siblings and are inheriting a small amount of cash and a 2 bedroom 1 bath SFR from another sister who died last fall. I am thinking about partnering with one sister and using our cash inheritances to bu...
http://www.trulia.com/property/3084334009-PALMER-GROVE-PARK-SUB-PLATS-9935-Grandville-Ave-Detroit-MI-48228