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I was considering purchasing a NP note in Kansas. Do you need a license to buy or sell residential mortgage notes in Kansas? I plan to have a servicer if that makes any difference.
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Interested in hearing other perspectives on this topic, specifically from investors who may have decided to start investing before debt payoff.My plan since covid has been to save as much as possible to go towards a l...
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Hello,
My dad friend has two rental properties free and clear. If he wants to do cash out refinance, his income is social security and rental income for those properties can he still get 75% loan for each property wi...
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I have $14,600 available to either pay off a 9% interest rate personal loan or put as a DPymt on our 1st property. Currently our Debt to Income ratio is just over the limit to qualify for an FHA loan. We dont have acc...
Hey so I’m curious how this works, maybe someone can fill me in. Let’s say I make $4000 a month and am looking at 4 unit properties, to make it simple well say each unit pays $1000 each month. In this case would I qu...
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My name is Brady and I just graduated from Penn State this May. I will be moving to NYC in August, and I am eager to start investing in real estate as soon as possible. I have been reading books about real estate si...
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I am trying to identify what should be considered good debt versus bad debt. I gave my specific situation below and would appreciate thoughts and tips on my current situation and at what interest rate borrowing funds...
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I asked a similar question in a FB MF group but many syndicators seemed to shy away from the topic. Maybe more on BP can help educate.Topic: Using 3yr +1 +1 type bridge loans in stabilized MF deals (say 120U+, basic B...
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The Orange County Register ran this article by me on 11/6/2011, and I though you-all might like it.
Debt is the worst drug in America, because it directly harms the most people.
The debt pushers have en...
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Hello, I have about 7k in credit card debt and car payments that I’ll be paying for at least the next 5 years. 😔My plan is to start RE investing before I retire from the army in the next 5 to 7 years but not before I ...