There are two types of people in this world. People who see problems, and people who choose to try and fix them. How many of us walk past trash that is in our direct path, but instead of picking it up, just assume tha...
I am a relatively new real estate investor, having purchased my first rental property last year and my second property this year -- both HUD foreclosures which we spent approximately 15K each to rehab. Now, I am looki...
Hello BP Community, I've read enough great opinions on REI strategies here in the Texas forum to fill the Library of Congress. Y'all are truly the best.This is a "Put Yourself in my Shoes" post... Imagine you're new t...
When borrowing a smaller amount from family, say 25k, for a downpayment, is it at all common to do a 30-year ammortizing loan? If so, what rate? Is 7.5% 30 year ammortizing reasonable? I want it to be attractive to th...
Hello All!
I must admit to having lurked on this site quit a bit --- but not posting much. Call me the shy type :D
Therefore you don't know much about me and I'll need to lay quite a bit out for you ...
Over the years on here I've seen some questions regarding people wanting to become Property Managers and how they would handle entering the data into a financial software program. What they don't realize is that there...
Wanted to ask if anyone has any ideas for how I can finance a duplex.
In a nutshell: I've got excellent credit (750) and 20K of savings. I figured I'd be in a good position to pick up a duplex down the street, but ha...
The property I recently acquired has two feral cats living underneath it. One is blind. I'm a big ole softy and the thought of calling Animal Control and knowing they are probably as good as goners if I do, breaks m...
I'm interested in utilizing the BRRRR strategy in these markets. What are the downsides, and are they enough that they should dissuade me from trying? "PS, one last example. There is a profound difference between K...
I have a borrower (self-employed) who is purchasing a 640k property in Orlando area who has had to clear up unexpected conditions in order to obtain a loan commitment, but he has done what was needed and we're back on...