Greg R.
1) Alarming amount of foreclosures? 2)Housing market SLOWING down
https://mortgageorb.com/forecl...Foreclosure filings are up 132% from a year ago. Yes, one hundred thirty-two percent... and the housing market is showing signs of slowing. On the first point... I'm wondering if the c...
Sean Fraser
How to decide rent amount for a single family house
I saw a single family home in West Haverstraw, NY (Rockland County) that, to me, looks like a good property for single family rental (I'm still doing my research). My questions are, if I buy it, should I set the rent...
Scott Morris
Looking for advice for utilizing a large amount of equity.
Hello BP family. I'm an extreme newbie. My question is, I'm a partner in Boat/Rv and self storage. We have recently got our first stage completed, the appraisal is in and we have a large amount of equity in the proper...
Bryan Bacallao
What's the right amount of "Seasoning" for a cash purchase???
I'm looking to buy my first rental property via hard money. How long do I have to wait before I can Refi?? What banks are the best to use? I used the Rental Analysis Tool to compare the Net Cash Flow of using a hard m...
McCall Russell
Comps Sold Recently For 6 Times The Amount Of Subject
The property I'm looking at and the comps are all 2 bd 1 ba with the exception of 1. They all need full rehab and the comps recently sold for $1,350.000 each. It's 4 properties right next door to one another bought by...
Michael P.
How Good Is UR CASH FLOW on What Loan Amount?
Tell us all how good your cash flow is on a single door or multiple doors, include your loan amount the Cash flow is referencing.
Jose Falconett
Can I leave "sale amount" on memorandum of P&S blank?
Hey guys so legal question, feel free to answer if you might have an idea but if you're an attorney that'd be all the better! I am a wholesaler.So if you didn't know recording a memorandum of purchase of sale agreemen...
Kyle Curtin
How do you like to “store” large amounts of equity?
Investors, there is something that’s pondered my mind for a while and I have heard a multitude of opinions on. If you have built up a significant amount of equity in your properties from principle paydown & apprec...
Bob H.
How to have renters bid (or suggest) a rental amount?
I recently advertised a home in Colorado at what I thought was a reasonable rent. Not really. I was deluged by prospects, and I raised the rent by $100 after I had started advertising. Even with that, I received inqui...
Account Closed
How Does Lending Work? Are there limits for borrow amount?
Is there a limit as to how much money one can borrow for real estate? For example, if someone has dozens of properties, and they are all at a 10 cap for example, would banks keep giving the person more money to invest...