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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $573,000
Cash invested: $65,000
Purchased a 2:2 with a loft cabin in Sevierville,TN. Purchased with a 10% down loan...
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I am 29. I own a rental that includes an option to buy - clearing less than $50 a month cashflow. Am in the process of paying off debt, working less than part. Have a few hundred in the stock market. Want to invest in...
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Is it possible to negotiate directly with a bank if you are not a broker or an agent?
How do you go about starting a relationship directly with them? I have deceided to go the flash funding route to wholesale a prop...
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I've always ordered postcards and printed the address on the back of each postcard. Obviously the process is very time consuming and difficult with the printer I have. This is a horribly inefficient way to do this a...
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What service do you recommend for doing a soft pull on a potential borrower's credit?
I need something simple that I could utilize today.
Thanks
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Hello All!My rental niche is vacation / event rentals. I have 3 properties and I use them year round as event and vacation rentals, never permanent tenants. As of now, I book everything through the websites Air Bnb, ...
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Hi BP...In the news recently, the new administration is trying to re-write the Dodd Frank bill. Forgive my ignorance, but what did the bill do that harmed the REI community? How will the re-write benefit us?________...
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On October 22, the CFPB finalized targeted amendments to the Dodd-Frank Act mortgage rules that took effect in January 2014. The amendments include: Points and fees cure. Under the Ability-to-Repay/Qualified Mortgag...
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Hi BP Fam,
Quick background, my tenant requested to be 2 days late on rent and I had already made the due date for rent the 3rd of the month to accomodate this tenant. My tenant asked if they could be a couple days...
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Dear fellow Idaho landlord,
I was contacted tonight by Senator Doug Ricks to see my thoughts about a bill idea that Senator Rabi is trying to put together that would hamper landlords. The bill idea includes:
1. M...