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I'm trying to retrain my brain on this kind of product compared to the traditional Principal and Interest. My thought is why wouldn't I do an all interest 10 year loan at 4.99%? Prepayment penalty is only the first ...
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I’m 24, I’ve just graduated college about a year ago, and I am just getting into real estate. One issue that has become a hinderance more than I’d like to admit is the fact that I look so young. Most people say I look...
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A lot of these how-to guys seem to be not really liked much by investors I have noticed.
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I was just thinking about the first deal I did a couple of years ago and how it came together.
It was an investor that had bought about 40 homes back in like 2010 and never paid taxes on any of them so it was...
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I had someone bring up an interesting business plan after my recent trouble with purchasing a HOA lien that was thought to be a first mortgage. The idea would be to purchase HOA Liens and then rent the property out ti...
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This is probably the best article I've seen so far on what is going on in the mortgage marketplace.
The Coronavirus Meltdown
The current Coronavirus crisis is having a critical impact on the Mortgage Industry, whic...
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Hi all,I'm just starting to research getting a HELOC on my primary residence to use for capital for BRRRR projects. What are some things you wish you knew before using a HELOC for BRRRR? What are the most important th...
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I have been getting the impression over the past two years that more and more people are entering the world of REI.
When I started a decade ago I was somewhat of a pariah amongst friends, family and work colleges. No...
Hi Peter "newbie" here, I'm new to BP and looking for Pros and cons on rolling my company-sponsored 401k into a self-directed IRA to purchase rental properties. I understand you have to go to a Trust Company/custodian...
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I spent $33,836 renovating this unit.Here's the breakdown:-Quartz Countertops: $3,500-Heat Pump System: $5,500-SS Appliances: $1,773-LVP 20 MIL Flooring: $4,406-White Shaker Cabinets: $4,000-Washer & Dyer: $400-Ba...