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Hi all,
I recently got my real estate license in December. I helped a client buy a home and is scheduled to close next Tuesday. Everyday I'm worried it is going to fall through because of the mortgage but tha...
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I am trying to get into my first deal which happens to be a fourplex in Miami Florida (neighborhood of Allapattah). My strategy is to use FHA financing to allow me to put down 3.5% to basically get me in the game, liv...
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I have an opportunity to invest in a real estate related opportunity, but instead of being backed by any hard assets, such as the property, the borrower has agreed to personally guarantee the loan. I know this individ...
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Well, no, the fed cut the fed funds rate which is the rate that big banks lend money to each overnight. Therefore, the Fed decides what the shortest-term loan cost will be. The market decides what every other interes...
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So i have free tuition for college while on active duty. What college degree would best set me up for a career in real estate, if any? I want start investing as soon as possible and eventually get into development. An...
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Hello BP Nation.After reading the post with link below:https://www.biggerpockets.com/forums/517/topics/60645-lender-scams-and-warning-signs-beware-protect-yourself-I decided to share this experience to ensure no one i...
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I'm in escrow on a property in Maui that we'll be using as a vacation rental. We were originally planning on going with a property manager at 20% just because of the ease. The more and more I think about it however,...
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Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...
I've been reading through the forums here and I've read a lot of posts about how the tenants should have the money saved up to pay rent in an emergency, and if not they should use a credit card or the money in their r...