Lloyd Segal
Economic Update (Labor Day Edition)
Economic Update
(Labor Day Edition)
This crazy bizarre year will undoubtedly be remembered as one of the most challenging times of our lives. A worldwide pandemic, social distancing, facemasks, a recession, histori...
Ivan Vargas
Contract assignment to FHA buyer?
Has anyone ever assigned a contract to an FHA retail buyer? Does FHA allow it and will they be able to close on the property or will the escrow be lost since its a cash offer?Although there is a $5k markup on the purc...
Tarah Fernandes
Today’s owner financing rates
I’m getting mixed signals on what the average rates are today for owner financing. Some say 8-9% since conventional financing is still low, others (who currently owner finance in my area) say 10-12%. Looking for anyon...
Levi K.
How do I get a mortgage for the property with low owner occupancy?
Hello BP experts,Simple (I hope) question:How do I obtain a mortgage for the property with low owner occupancy that is paid off?BR,Levi
Carolyn Albinder
Invest out of state or local?
What would you do as a newbie with 40 grand to invest? Would you buy a primary residence in a hot socal appreciating market with an FHA (no house hack possible with this one) with the hopes of living there 2 years and...
Allende Hernandez
Wrap a HELOC
Hi guys,
I have a seller that has a HELOC of 144K with 18 years left and he is wiling to do a wrap with a 5 years balloon to a buyer(I'm just assigning the contract)
I'm too new to all this and I'm not sure if its ...
Arturo Gouro
Need advice on rental property
I need some advice, I’m trying to buy a house in Orlando. Trying to fix and rented. First I have no experience on this matter maybe someone could help me. About me I have a house in Virginia that I’m renting right no...
Jeremy Hunt
Cash or Finance
I am a just starting. I just recently got a rental unit up and going so I feel energized that I can do this. My question is I want to buy a house next to live in and rent my current residence which is a mobile home...
Jon S.
Credit score after REI?
Just curious as to what happens to one's credit score after obtaining financing for REI? What can one expect after the first loan? And second, and third, etc? Let's assume all payments are made on time.
Romando Harrison
First Flip in AZ with Romando & Tina
Investment Info:
Single-family residence fix & flip investment in Fountain Hills.
Purchase price: $510,000
Cash invested: $60,000
Sale price: $700,000
My Fiance and I bought this house as age...