Hi, I'm a brand new investor. My business partner and I bought a small but really nice town home in a great school district in Glen Allen VA (Richmond). We posted it on multiple sites and have shown it to 20 people. W...
As profiled in an article on CNN Money (http://money.cnn.com/2012/03/30/real_estate/FHA-loans/index.htm), the FHA is actually taking initiative to make it MORE DIFFICULT TO OBTAIN MORTGAGE LOANS. Even folks with perf...
This is a new one to me. I've had 3 different groups put in applications, pay the application fee, and then call me within hours and withdraw their application because they've decided the can't afford to move.
Seriou...
When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
What is a Condo Hotel, and are they good investments?
I guess that depends on whom you talk to.
I have been involved with Condo Hotel for many years; In business relationships with companies that manage them, and al...
Hello everybody
I recently got a new website up and going and I want to get everybody's opinion of what the most effective way in getting your website marketed to potential local sellers in your area? I live in San A...
What is Hard Money & Why Would You Use it?A hard money loan (also known as a private money, rehab, equity-based or bridge loan) is a specific type of asset-based loan financing through which a borrower receives fu...
It seems one of my files is nearing approval with BofA. I just received an email from the negotiator stating that their vendor sent out paperwork for the homeowner to sign up for the HAFA program if he chooses to do s...
Hi everyone,I am a senior in university and my final finance class requires us to write a thesis type paper (research paper with "significant original contribution" to the topic) and so I was hoping to spend this time...
just wanted to share what I experienced. As other posters had said, I could see that it was probably the bank bidding up against me. By waiting till the last minute, literally, to make my next bid, they dropped the bi...