Last year I purchased my first 3 unit property using the FHA loan. Now, I'm looking towards next year and saving up for my next property. Is my only option using a 20% downpayment for a conventional loan? Or are there...
Hello,I recently submitted an LOI on a low income housing multifamily property which has tax credit obligations through 2017 - the end of the 15 year period. I am in the first round of negotiations and the owner has a...
Ok Note investors I would like to hear what part (percent) of your IRA is invested in the Stock Market and what part (percent) is invested in notes with a Self Directed IRA and your thoughts on diversification vs all ...
Hey BP. Can anyone tell me where I can find historical data on the "Cost to Funds" rate that US Bank Indianapolis uses to determine their rate? Basically they offer a 5 year term amortized over 25 and then after yea...
Hello,A little background. This past year we have run the gamut of GC's. A fellow rehabber was taken for 23k. The GC just took the money and never showed up. I had a few bad experiences culminating with this last ...
I am an investor who is currently acting as GC on a flip in Charlotte, NC. In NC a homeowner cannot obtain a building permit if the property is not his primary residence without first obtaining a surety bond. Had an...
Hi, I've heard before that for investors usually the idea is to run from new constructions. Can anyone explain why that would be? I'm interested in new duplexes being built in my area that start out base 100k+ less th...
After a period of low interest rates that fueled housing market, the Federal Reserve is meeting on March 14-15 with the stated goal to raise the benchmark interest rates from near zero. Many are saying that this will ...
I am currently in contract to buy a house on Long Island, NY. After our initial home inspection was done, we found baiting systems place all around the house, but the seller seems to have no recolection of who install...