I have a property that is free and clear, with no liens. The estimated rehab budget is approximately $40,000. The most recent appraisal values the property at $55,000. I am struggling to find financing for this proper...
I know many don't really care about banking situation in our country. A couple sobering thoughts for those paying any attention.
1.http://www.digitaljournal.com/article/283688 FDIC lost money for first time since 1991...
Do you mind answering a few questions? I understand that not all investors have the same criteria. Since I've experienced all types of investors, I want to see if there is a majority or if I'm just an odd ball encou...
Nothing quick about getting rich with real estate
A real estate seminar promoter promised to create 1,000 new millionaires, but so far none are in sight. See what happened to his believers.
By MP Dunleavey = http://...
I know many banks and CUs will not do HELOCs on investment properties but I have also heard here and elsewhere that many do. However, now that I am actually looking, I am having a hard time finding any and can't locat...
Hi all,I am in the middle of buying this multi family in Newark NJ and its a good deal but the second floor tenant is an elderly Section 8 tenant. I don't want to continue with any Section 8 (after I buy this propert...
Forward
The post you are about to read is based upon a factual account of a property condition assessment (PCA) recently completed for a commercial real estate property consisting of a multi-tenant industrial office ...
I listened to former CEO of BB&T John Allison speak at Harvard Law School this morning. Give us Liberty, but not a Bailout!He talked about bad mistakes made in real estate driven by governmental policy. And anxiet...
Hello everyone,
I just signed up and excited to be part of biggerpockets community. Hope to make great friends and contacts here.
At this stage my interest is less in investing and rather in my personal project that...
Hi there,
I was recently looking at an FHA owner occupied mortgage for 1-4 units. My lender said that we could count 75% of the rental income towards income towards my debt to income ratio.
However, I recently cam...