Fannie Mae is increasing the DTI to 50% starting July 29th. America's largest mortgage lender is making it easier to buy their first home.
In the last housing bubble, just about anyone with a pulse was approved for ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $144,900
Cash invested: $31,877
Turnkey SFH in Raytown, Missouri, a suburb of Kansas City.
What made you ...
Hello,
I’m in the process of negotiating on a property. The sales price would be $200,000, the property rehab would be approximately $80,000-$100,000 and the ARV would be anywhere from $400K-$450K.
I’ve secured pr...
Tight Supply Is Limiting Home Sales at Start of Spring
The record-low number of homes on the market is limiting purchases heading into the spring selling season.
Home sales typically slow in the winter before ...
I read a post on linkedIn from @Travis Watt, a fellow BP member, that posed the question, "Would you rather have 10k a month in passive income or $1,000,000? I thought it was a great question and I think it merits a ...
I googled the unemployment history of US, and here is the chart... Out of the past 65 years, maybe 10 saw unemployment at around 4%....All other 55 years were higher.... If you are buying RE in today's enviroment when...
I have read through a lot of forum post about the topic of wholesaling (the latest by @Brittany Witt) and it seems like the argument of wholesaling being legal/illegal could be squashed once and for all by getting you...
I recently had my first call to interview a potential property manager for my first long-distance investment property and it left me a bit discouraged to learn of the reality of the costs involved.
3-5 weeks to rent ...
In light of all the recent threads about COVID-19, worrying about tenants not being able to pay rent, legislation that seems to screw over landlords month after month, and ethical dilemmas about where it is our obliga...
Maybe some guru has been advertising heavily on late night tv or something but to me it seems like there are A LOT of new people trying to wholesale. They have been told they can make RE riches despite having no mone...