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I must be missing something - is it the additional maintenance/expense component of managing rentals?
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Hello I am a new real estate investor in the Cincinnati area. I am in the process of purchasing my first duplex that I plan to live in one unit and rent out the other. I am working on creating a business that can fix/...
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Never know what to believe. News this morning was talking about section 8 payments no being made and section 8 appealing to landlords not to evict .. I don't think many would evict over one missed payment given the si...
Hello,
I just started in the RE flipping business. I talked to several Realtors. The two that I find them helpful have been telling me the profit is very very thin in the Phoenix market. I am looking for SFH with rep...
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Hi all, Deano from Cincinnati here. I'm in the process of buying our first HUD home, signed the papers and paid a $500 deposit.
THEN the back door was kicked in and all the copper stolen. HUD d...
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I gotta ask. Why in the world do all these goofy commercial lenders use DSCR calculations as part of their guidelines yet so many of them calculate it differently?Why don't the moronic lenders just change the dscr num...
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Good evening everyone - I would like to know if anyone has been able to refinance during this pandemic? Im in the middle of a rehab and will be looking to refinance in several weeks but unable to find a lender that’s ...
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Hey all,What is everybody doing to prepare for the new interest hikes and correction this year and next?Any veterans of past bubbles have advice on how to buy and hold in a bear market?This could be a valuable thread.
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Recently, I ran into this infographic. Very interesting predictions from Fannie, Wells and the MBA. If the forecasts are accurate, we are around the corner from another hot market with rates set to drop almost two per...
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Dear BP Family, I'll soon be the owner of a piece of real estate, and want to enjoy the asset protection afforded by an LLC. Has anyone on BP been successful in transferring ownership of mortgaged real estate from t...