The benefit of the VA Loan is that can you put can out zero down, but that means higher monthly payments and near zero cash flow. It also means that a majority of your payments are going towards interest and and not ...
Inflation is the highest it's been since 1981 and continuing an upward trend. Mortgage rates are above 5%, meaning the $600,000 home from last year will now cost you $700 more per month. Financially speaking, things d...
Perhaps this is a better topic for a blog post, and perhaps I'll do that. But - is there a bubble or isn't there? Should we keep buying, or shouldn't we?On one hand, prices are outpacing income growth. On the other ha...
Hi! I’ve been devouring the podcasts and reading blog posts and forum posts to learn as much as possible while we hunt for our second deal. First property was our previous primary home in Seattle (White Center) that g...
I had someone bring up an interesting business plan after my recent trouble with purchasing a HOA lien that was thought to be a first mortgage. The idea would be to purchase HOA Liens and then rent the property out ti...
Hey BP. Currently have an offer in on a property. The seller/owner is willing to do owner financing. Zillow has it for 200 + and the county has it listed as a multifamily. We have agreed to write up the contract for 1...
Hi!
I ran across a property that is offering seller financing. I have heard this term a lot here on BP, however I'm not sure how I can and would benefit from such an offer. Apparently you have to qualify for it. I do...
Looking at finance options to leverage an investment property. Creating an LLC to transfer the property into and looking to build credit/ establish the loan via the LLC. As rates rise I’m wondering if it makes more s...
I just bought my first rental in Omaha, NE. It's a 3BR 1BA with 1900sqft. I'm putting about $6k into renovations, including rebuilding the bathroom from scratch and new kitchen vinyl floors. The house has about 1000s...
Hey guys,
I was planning to attempt targeted door-knocking as my initial strategy, and I think I get what to do when the conversation gets going (find out what their situation is, listen listen listen, talk a...