(Wholesaling question)When crafting a purchase & sale agreement with the seller, how much of an EM deposit is customary to put down in order to tie the property up so you can flip it to the end buyer? Also, if you...

I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...

BP marketing experts, I have a question:We started our direct mail (yellow letters) a few months ago in a hot area in Brooklyn, NY.We bought an absentee owner list from listsource and we decided to send out 400 letter...

Courtesy of http://thehousingbubbleblog.com/ Enjoy!The Asian Journal on California. “Two different clients both landlords because they both own rental properties came to see me last week with different problems. My fi...

Just saw the new local sub forum and thought I would get Wyoming kicked off!  I look forward to other Wyomingites contributions!  

Background:  Late 30s, married with two young kids (4 and 2).  My husband and I both have solid W2 incomes (both remote).  We live in small town Arkansas with a very low cost of living.  No plans to move as this is wh...

This is a sample with a 4.5% rate 30 year fixed payment qualification includes tax and insurance and $500 in borrower monthly debt (car, credit cards...) DTI ratios at 43% after Jan 10 and 50% before Jan 10

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What are everyone's thoughts on whether to charge an application fee for rental houses?  Do you collect a bunch of applications and only run the background and credit check on your top candidate with you paying the bi...

I am currently selling a house, suppose to close tomorrow but wont be happening just yet, in the final hour the bank called me out on the anti flip law.  The price I paid was $43,700.  I put it under contract for $90,...

Is it true that I would make more money with a license than without?