David Sisson
Trouble finding qualified tenants in RI + questions about SF
So, I'm purchasing my first single family as a rental. East Providence, quiet B neighborhood. 3 beds/2 bath. I'd say that the unit is C+ or B- quality, with the nicer homes in the neighborhood being the owner occupied...
Ronnie Holbert
Should I pay down rental property?
I have a property that has a cash flow after expenses of $175 a month. My question is should I let that money build up in an account or apply that money to principal on the mortgage?
Aaron Araujo
Finance of America Commercial - Any Good?
Hey Everyone!I'm looking at short term financing options for a BRRR deal in New Bedford, Massachusetts. I cam across Finance of America Commercial and spoke with a representative who sent me over an application packet...
Daniel Ortiz
Student Loan Debt - Enough to Buy a House!
Hey Everyone, It's no secret that Americans owe over $1 trillion in student loan debt, spreading out over millions of borrows. I'm curious to hear how other successful real estate investors who were once faced with th...
Alicia Tingey Geddes
Advice on where to invest for new investors
Hi BP friends,
My husband and I are saving up for our first property through travel work. We are willing to move anywhere in the country that has a good real estate market, and would like to live in places for a fe...
Raul Pedrozo
seller financing to home occupant - Dodd-Frank
Good afternoon,I've been reading a lot on this site and elsewhere about Owner/Seller financing as it pertains to Dodd-Frank, but I can't seem to find an answer for this situation (either that or don't want to believe ...
Account Closed
Detroit Bankrupt
My dad just sent me this link.
http://theextinctionprotocol.wordpress.com/2013/07/18/motor-city-goes-bust-largest-ever-municipal-bankruptcy-in-u-s-history/
What do you all think about the REI market in Detroit after...
Tony Marcelle
What if credit dispute does not work?
I need to remove a negative mark on my credit report. I went through the WHOLE dispute process a few years back. Nothing happened. What do I do next?
David Hanson
How much cash flow and cap rate is enough?
Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
Amiris Brown
Cost of bullet proofing a house?
So, there's this house that has been deeply discounted about $100,000 off its original listing price. Just last month there were 3 armed robberies next door to that house on a street with businesses. There have been m...