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Hi all- I have a condo I rent out that I originally obtained through a first time home buyer loan. Well my lender sent me a letter because they noticed this isn't my primary residence anymore and the loan states that ...
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Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
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I was just reading through the recent post asking for the TOP quality they look for in a real estate agent. The comments that followed were extremely depressing. They looked more like a list of soft skills most would ...
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My goal for wholesaling is to do 1 deal per 2 months in the year 2017. I will soon live in the Waco, Texas area and will be attending Baylor university. This will be a part time venture but I know that it will take ha...
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Hi All,This is my first post to BP! I have lurked in the background of the forums for long enough and am finally ready to jump out and immerse myself in learning. Situation: I recently purchased a single family town ...
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Hello BP world!How do you guys feel about Business Cards? I personally don't like them, and whenever I get them I throw them away. I meet so many people it's impossible to keep up with cards. I prefer to put your in...
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Hey BP,I am really curious to hear what others have done on the side to earn money for the down payment on houses. I am looking more and more into side hustles that I can do to create a nice sum of cash to put into an...
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Thinking about buying a rental that works out to be $100/m after I run my numbers. It's a SFH in a good school district. I'd say B+ area. I am self managing this but still factor in PM expenses incase I move. Although...
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Hey BP community, I need your help. I signed up for (yup I paid $1,000) for Jerry Norton's 10K Club. I won't go into all the details here about why I think it was a mistake after spending 5 hours with the system but I...
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http://business.ftc.gov/documents/bus49-using-consumer-reports-what-landlords-need-know
Hey everyone,
So I read this online today, and am wondering if others are properly following the law when screening tenants? I...