BP Nation,From what I understand, the Dodd-Frank Act mainly effects the seller when it comes to a "seller financed" deal. Are there any impacts on the buyer? I will be targeting "100% seller financed" deals this year ...
Hi,I have 5 flip-to-rent properties, and i have a day job as well ... I just refinanced a property and my loan officer said I have a "high debt to income ratio of 48" What does that mean? How do I get this down? I am ...
Technology's impact will not be an immediate end of jobs, but an increasing stress on wages and work environment. You will continue to be paid less for doing more.Owning income-producing assets (real estate, business...
Hi everyone! I'm currently looking to get into real estate, and I find house flipping and repairs an interesting category to get into. However, I have very little knowledge about getting started. I have watched a few ...
I'm just curious on how many people honestly just do it because it's good money and makes sense. Or, they do it because they have a true passion? How can you tell if you have a passion? Honestly, I think it's just g...
Hello BP, doing some research on delayed financing when purchasing with cash and cashing out some money under 6 months. Are investors doing this and then cashing out the remainder after 6 months? Doesn't that cost mo...
I have access to a HELOC of about $100k. Do I pay all cash or put 20-30% down? What is the best way to use it? I will have the payment of the HELOC and the mortgage if its not paid in cash. Any areas I should be looki...
I live in Middle, TN and am looking to invest in the 36606 area. From the research I have done it looks like a good area to invest in, but there is little info about it on BP. Are there any areas that I should also be...
Hi Friends,
I stumbled across this platform while reading a book about getting started with Real Estate Investing. I'm looking to learn, build relationships, as I begin this journey. I just want to get started and I...
Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...