ok now that paulson changed his mind and will now be injecting capital into the banks rather than directly buying the troubled assets, im thinking this is great news for RE investors right? i feel the bailout was a jo...
The rate cut was no surprise. However, instead of cutting to a specific rate they have established a range of 0% to 0.25% for the Fed Funds rate. The Fed is running out of ammunition.
http://finance.yahoo.com/news/F...
(Sorry for all the M's in the title)
Fellow BP-ers,
An OM crossed my desk which seemed promising, a 9 unit multifamily which had decent cashflow and the numbers would work at a slightly lower offering price. Howeve...
I am in desperate need of good advice. I got under contract on a new house back in early February to close April 1st. My current home (live-in flip) went on the market last week. Illinois has just ordered "shelter-in-...
Mortgage Update: Outlook is not good.
The economy continues to shudder to a halt. As I write, lower manhattan looks like a ghost town. My local coffee shop typically turns about $1,000/day. Yesterday, Carlos had take...
The mortgage is still due. Why?
1 - Investors should have saved 'reserves' in place - so if they are already worried about rent payments coming in April, just a few weeks into this, they have decided not run their v...
I just got a letter from my property manager who manages eight single family properties that I own. He is requesting that all owners pay the full fee they would normally pay even if the tenants don't pay rent. Our s...
There has been a few threads on this topics, just wanted to gauge anyone's suggestions who had similar situation, or is an investor understanding HELOC/home equity. - i have a 30k student loan at 6.25% interest, month...
Do you have your Estate Plan / Trust in place? If not, then you are not protected from wealth destruction and the Big 4.Most come on Bigger Pockets to learn to invest and build connections. Then they realize the need ...
Hey all! I have a real straight forward question. I am buying my first rental property in South Jersey, in pretty nice working class suburbs. I’m rehabbing the property, and not sure if capping/sealing the windows is ...