Federal Reserve reduced its economic outlook for 2009.

The central bank said it expects some business conditions to improve in coming months, but it also lowered its assessment of the economy for the full year and sa...

I've just listened to podcast 283 with Paul Thompson and he mentioned a scenario where he offered somewhere around 70% of listing price in cash to the seller because they wanted to buy an RV and travel the world. What...

Friends, I came across an ad, on Craigslist that made me think. The ad was of a modern home in a decent area. Of course, the rent was inflated but not by much. The ad listed renter qualifications,  and explicitly said...

We may be witnessing the largest financial collapse in centuries. Take a step back and look at what is happening:

ï‚· Subprime meltdown
ï‚· Housing bubble
ï‚· Foreclosure crisis
ï‚· Bear Stearns collapse
ï‚· Country...

Ok I must be missing something because all these deals seem to have balloon payoffs at some point. No one wants to finance you forever especially if you're wrapping their loan. What do you do when you have exhaus...

I am placing last and best bid on home built in 1965 with septic tank. Its located in top 5 suburbs of Birmingham. Putting budget together next 24 hours. How much to allow for clean out etc...Best I can come up with i...

Looking to put 300k cash to work and buy some rentals in Oregon. I have 715 mid score. What banks/lenders are good in rental lending ? Any recommendations? Thanks!

I realize this may vary by state and by entity, and that in the end it's probably a question for an attorney. Still, I'm interested in hearing some BP members' thoughts.

We had an offer accepted on a bank-own...

Investment Info:

Large multi-family (5+ units) buy & hold investment in Chicago.

4 flat plus 1 non-conforming basement unit. 100% rented. Gentrifying neighborhood.

What made you interested i...