Logan M.
The FEDs next rate increase
With three remaining FED meetings this year, what are they looking for to decide to raise or lower rates?The Federal Open Market Committee FOMC) meeting schedule 2023:September 19-20*October 31-/November 1.December 12...
Angela A.
Cash Out, Sell or Stay Put?
I have a condo as a rental with minimal loan balance in San Diego. I bought the unit about 10 years ago and it has appreciated nicely. ROE is not that impressive with around 3.6-3.8%. Basically the equity is genera...
Account Closed
IndyMac HAS Imploded- FDIC- Gov Bail Out?
This is major news on Indy mac. This guy gets inside info before the news and in most cases is right on target!
http://mrmortgage.ml-implode.com/2008/07/06/indymac-significant-seizure-chatter-is-this-the-end-finally/
Account Closed
The Argument Against The Self Directed IRA
Hi all, as seems to come up every year or two, when I am scrambling to figure out how to minimize the club over the head, the internal temptation of a SDIRA arises within. When I search BP there is a lot of info pit...
Caleb Gray
Sewer Back-up ~10k in Damage
Hello BP!I was on vacation out-of-state last week when every investor's vacation nightmare happened: My tenant called and told me the unit was flooding (being destroyed). I called Service Master and they were able to ...
Aaron Gallington
80% LTV Duplex Cash out refi
New here on forum, so hopefully this is the right place to post.... My basic question is does this exist?When I purchase my rentals, I have/use a large HELOC that i have on my primary residence to pay for the investme...
Madelaine Au
Fund & Grow Membership
Hi BP folks!I recently signed up for Fund&Grow. I'm looking for someone to partner with someone on the membership. As a young investor the up front fee is a little much for me to swallow at $4,000. However, if I c...
Scott P.
Due diligence shows major misrepresentations (seller or broker?)
Hi,I submitted an offer for my first multi-family (8 apartments plus one commercial unit), and it was accepted, and signed the P&S. I got the due diligence documents on the same day as the inspections. And it turn...
Jake Recz
REO in NJ, $11k deposit held by sellers atty, and TITLE PROBLEMS
Hello everybody, I posted here before about the property I was working on. The closing was supposed to be on Aug 3rd, 2015. As usual with REO's, that day came and went. We were waiting for the indemnity agreement and ...
Charlie Moore
Adding tenants on facebook!
Tenants add me on FB - do I accept? Why or why not? Thanks again guys