When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
I am surprised no one else posted on this today! This is some scary stuff.
It seems that non-disclosure to the respective lenders in short sales flips has already gotten the feds involved - and some investors will be...
Update - Kris Thomas has now really crossed lines here. I was a student in the course and upon realizing their promises were not fulfilled and they were breaching their contract I requested to renegotiate. When my ame...
I am running into this frequently and looking for a way to work around. In a strong local market, income properties are often listed in stating that offers are being taken for x number of days, and acceptance will be ...
Okay, so I ended up starting two threads in one day but while I was stressing over where I'm gonna end up living 3 months from now:
I feel like I'm having such a hard time deciding on what I want to do because I alwa...
View report*This link comes directly from our calculators, based on information input by the member who posted.Hello & thank you for your time! This is my 1st investment property! Any and all cons...
We are looking to purchase our first rental property, but are feeling overwhelmed about the amount of information and "analyses" people use to make their decisions. We have a few personal friends who own rentals and n...
Hi Guy I have a question. I need your opinion. I just signed on legal 2 family house in New Jersey 2 bed 2 bath.Listing price was $380k but I signed on $315k.I need to keep the 2 tenants till closing date. That's a p...
Hi Everyone -
I recently joined the BP community and I am looking forward to networking with like minded people.
My partners and I have recently purchased 3 properties in the Philadelphia area. As part...
I graduated University in 2009 and at the time my goal was to travel and see the world. After this winter 5 years later I will have accomplished my goal. Now my new goal is building cash flow of 1.5-2k from rental ...