I bought a home in 2007 and refinanced in in 2011 using a FHA loan both times. I moved out of it after the refi and now it is rented. The current tenants are in a one year lease but may stay longer (possibly 5 years)....
2011 has been off to a chaotic start on the BP forums, as there has been a LOT of infighting, bickering, whining, and battling - especially centered around our political forums.
In the 6 years that I've been running ...
Hello Fellow BP'rs,I wanted to throw this topic out into the crowd and see how it surfs.I've been thinking of reasons why people get excited about investing in real estate, but get stuck in analysis paralysis and neve...
FIRST OFF- I am Furious. But most importantly- It Is My Fault. Ultimately can't blame anyone else for poverty but oneself. But Truthfully- few things are lower in humanity than Rich People saying "Come to me instead...
The house is in a non appreciating area....section 8 renters will be my tenants. Not sure if the numbers will allow me to refinance enough cash out for another project. At 10,500 purchase price cash from my pocket....
I've read that just by switching your mortgage payments from monthly or bi-monthly to bi-weekly you can save a ton on your interest over a 30 year period. This led me to researching the difference between bi-monthly a...
So after reading about snowballing to payoff mortgages, Im curious if you would in my situation. I have 7 paid off rental properties grossing me $4800/mo. I have my main residence with $200k and 10 years left and a va...
This was just posted this morning. Wonder how much news play this is going to get.
http://www.youtube.com/watch?v=v60oNUoHBYM&feature=player_embedded
On October of 2011 I found Bigger Pockets and I can honestly say it was and will continue to be a major driver for the success of our business. Back then I had been a homeowner for 5 months (a lovely ex crack den) an...
I had a seemingly nice young lady apply for one of my rentals. I did a little background check on her and her boyfriend, he had a few misdemeanors a couple years ago but nothing serious. He has a decent job and makes ...