I have a quick question, I am very curious about something.
if a loan falls through at the last minute does the loan broker normally have actual cash out of pocket. I am curious what their actual cash out would be o...
Hi, everyone!Lately, in real estate, I've learned that it's important to identify your goals, and my goal is currently making money reasonably fast to be rich, not wealthy. So the best strategy for me would probably b...
Just noticed on my profile I have "get a mentor" as part of what I'm looking for or goals. Now I read "...that they are looking for a mentor to teach them all they know but offer nothing in return but the privilege o...
This isn't exactly real estate related; however, since there seems to be a lot of conversation around the possible success/turnaround of Detroit, I found the article very interesting.
It's in the March 17, 20...
I am reviewing properties for my first purchase. I’ve educated myself here (thank you BP!) for buying a 4 to 6 unit building. My questions are:The property details list the current rental rates and generously forecast...
After years of work to pay off all my debt (other than my mortgage), improve my credit score, and doing a cash out refi my house to get seed money, I am BEYOND ready to get to investing. I've been in discussion with...
Hello,
I'm just starting out. My husband & I had 2 houses, one of which we were renting out. We got divorced & both took one house.
I'm working to get debt paid off that I accumulated while also being laid ...
Just sent this over to a client, in place NOI yields a ~9% cap rate on this park, which of course feeds into making 75% LTV doable. All are at less than 1.5 points. Blacking out just enough so that the exact property ...
Is it standard to use a real estate agent when purchasing small (12-unit specifically in my case) apartments? The info on the property is already available through the listing broker, I know how to run the numbers, an...
My property taxes are now 76% of my mortgage. Last year we had a double digit increase, and almost double digit again this year. This is not only a direct attack on investors, but also retirees and other people on fix...