And two more big institutions go down today. Lehman Brothers is just plain dead. No buyers, I guess, unless the feds are willing to guarantee them. A Sunday trading session to let the big players unwind their posit...
So I closed on a duplex Friday. I had a sick child so my husband closed in my absence, so this is all being relayed second hand, but here goes. Before closing, I made sure prorated rent and security deposits were in...
Anyone have recent experience on how an ADU (accessory dwelling unit) or backhouse is valued these days relative to the main house?For example, say if you have a house that is 1500sf and it would normally sell for $50...
I found a HUD home listed at $88k that has been on the market for 90 days...it's first price drop was from $100k which is the 'As-is' value...it also had a pending contract that fell through in the last week...
Compa...
I'm learning a TON about the mortgage game. Theres so much that hoes on behind the scenes with mortgages being bought/ sold, etc.With all this craziness, I just had the thought, are mortgage rates negotiable?I've call...
I'm trying to figure out what options I have with buying properties after the seller has received a notice of default. I've heard some investors have success with buying properties subject-to existing financing, but I...
Hello, fellow BPers.I am new to BP and new to real estate investing. I am 44 years old and have never bought a home before. My plan is to buy-and-hold to be able to retire at a decent age. My lease at my apartment en...
I was thinking about a new strategy for growing a rental portfolio and was looking for some advice. I want to purchase REOs with all cash fix them up, rent them out, then pull my original investment out, or at least a...
I am in San Diego area. I don't see how the 2% rule can apply to california. The housing here is very expensive. Even at lower value property area. Say the average house there is about $500k, and the rent average ...