At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...
Hello All!!
I have been wanting to get into REI for awhile now and am very please to find BP. I am looking to start in duplexes and keep learning from there. Is this a good way to start?
I have a question about le...
I would like to know is what are the most important things when making an REO offer?
Just to throw it out there. The REO that actually has me interested is one that has been on the market for a long while. It is for ...
Does anyone know the requirements on 1031 exchanges?
What I do know is I must name my property within 45 days of closing and must actually close within 180 days.
What I don't know is must I invest total proceeds? A...
In short I’m trying to figure out the best way to sell a property while not losing the mortgage, as the mortgage is a 30 year fixed at 4%. I purchased the property as owner occupied, but I’ve since moved out of the co...
Good Afternoon BP,
I was wondering if anyone here has formed an LLC before buying property? I’ve met a few individuals in my city that chose to form an LLC because they planned on purchasing a lot of properties. Plea...
Hi, this is my first post. I am a real estate investor but fairly new to syndication project. Currently I have a $6M project which I got hard money loan for 60%. I want to syndicate the other 40% to investors. Wha...
My 2018 goal is to buy 5 units by the end of the year. One single family and two duplexes. I will have $20k saved by next April. About $40k in 401k and $13k in stocks.
Should I sell my stocks and borrow against my 4...
Hello BP!I'm new to this forum and RE investing in general so please bear with me, especially if my questions seem a bit rudimentary. I just moved out to LA and currently living in an up and coming area within 10mi of...
I'm researching PMs in other markets we're considering buying in, and have seen some PM sites with info for prospective tenants. When I look at their apps, I have seen some with the following type of set up:
...