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Hey everyone, so I have a duplex in round rock. I'm kinda nervous, I ran the numbers it seems ok but some feed back would be appreciated.So have it under contract for 180k, 20% down finanacing 135k @ 4.3% for 30yrs. I...
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I am a young guy with a bit of experience in real estate. I just inherited a home, free and clear, that is worth about $300,000. I have read many discussions of no money down transactions, I understand the pitfalls, t...
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Hello BP community, Really need some help and ideas on dealing with this situation. I know I probably shouldn't have done this deal, but I have lent on 2nd liens successfully before. This one however, gone pretty bad...
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I am a new investor in the DC area trying to get my investing career started with a rental property (or perhaps a BRRRR). Whether you are a seasoned or newbie investor, I’m sure that a potential recession is at very l...
I have recently purchased a condominium as my primary residence in August 2018. I am on a 30-year fixed with 4.75% interest rate. Can I replace my current mortgage with a first lien HELOC? I tried a few times to obtai...
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Hey Florida BP-er's,I heard that if someone has been filed for foreclosure in Florida, who is also an owner occupant, you CAN NOT take over their existing loan subject-to...Can someone verify?Thanks,Jordan
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Are the great deals gone?Through the years I’ve been seeing less and less “great” purchases, and more and more deals to be had at “market” pricing. Currently, we are at 12.75% interest with 3 - 5 points on the loan o...
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I have been making an effort to get into my first Multi, but it is slim pickin's in my area (south/ east Massachusetts). It seems investors are scooping up the cherries before they hit the real estate websites. T...
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Hello, all!The city of Independence, Missouri (a large suburb on the east side of Kansas City) is proposing mandatory inspections for rental properties. The landlord would be required to hire an inspector, at the lan...
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So here's the story of the missing $1000…I work currently for a property management company and we have around 300 single family units. You can imagine that the first of every month is crazy with people bringing in t...