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Entrepreneur from NJ
Hello All,
My name is Bernie, I'm 25 and live in NJ (15mins from NYC) I'm just starting to get my feet wet and looking to purchase my first property. I have read about 6 books on R.E. Investing.
I'm more focused on ...
Bob Romano
Deposit on a cash offer?
I am about to make a cash offer for a SFH, my realtor insist that I still have to put at least 10% down ( he wants 20%) I said " why do i have to put anything down when we will be closing in 10 days on an all cash dea...
David June
Qualifying for a conventional mortgage with "okay" credit
Let me start by saying through most of my life I have made all the wrong decisions when it came to money and finances. I spent, borrowed, and lived beyond my means until I hit a wall. I have always paid my bills on ti...
Larissa Luna
Pay off some debt or invest out of state?
Hello!I'm wondering what would be the smartest thing to do with the 15k we have. We could either use it all to pay off some of our credit card debt to increase our credit scores and so that when do invest (we want to...
Justin Bautista
My first house is a bad deal. Should I sell or keep it?
A year ago from today, I bought my first house. It’s in a great neighborhood, upscale with golf courses. However it’s too expensive. If I were to rent it out to its market value, I would lose money every month from al...
Shannon X.
New and need some insight
Hello everyone,
I would like some insight from anyone who could help me out; I have always had an intrest in real estate and rehabbing houses and I believe this is what I truley waht to get involved with, real estate...
Rodrigo Marquez
Who is Dodd Frank?
Hello dear BPers, Sorry for the lack of knowledge, but can someone talk two lines about who Dodd Frank was, and what has changed in the real estate market since then, specially concerning seller financing legislation....
Carolina Castro
Starting a Rel Estate career
Hey guys I’ve been a waitress my entire adult life.. I’m 33 now and only have a HS education. My biggest set back is how insecure I am about having to approach more educated people.. how would I interact or even sell ...
Jim Jaworowicz
Who should do the rehab
If you are considering buying a Single Family investment property that needs updating/rehab: Would you rather perform/oversee the rehab work yourself (and sacrifice months of rental income) or would you rather buy an...
Rodney Lorenzo
Why is "lock" and "conditional" used in the same sentence?
Does the word "lock" have any meaning if the rate continues to adjust during that certain period? If so, why do some lenders use the word "lock", when it should be "conditional" that they need to use? As a newbie, thi...