Calvin Thomas
Help me understand mortgages for investment properties
Here we go. Initially, I was a web guy and I founded a few large web sites, which I sold a few years ago. I still have a few, but the large ones I sold off. I picked up a house, a car and the rest were in Vanguard ...
Dan Costantino
General Contractor losing money and potentially bailing on the job.
I have a General Contractor that gave me a bid. We agreed on an Independent Contractor's Agreement, and a Scope of Work. I certainly didn't tell him how much material to use but I stated what needed to be done.
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Kimberly W.
South Bend, Indiana
The crazy road that lead me to this point. It all started a few years ago, my husband was introduced to a "REI/Broker" who got him started in real estate investing/rentals. Which is all fine and dandy, and can be a ve...
Jonathon Nila
Deal first? Lender second?
Hey BP Family,Should I first find a deal get it under contract and then find a company/ lender for the finances? I’m currently looking for property haven’t found a property just yet but I’m already starting the proce...
Peter Amour
CROWD FUNDING ; REALTY SHARES, REALTY MOGUL....
i have been using realty shares for the last two years and have been pretty happy . Has anyone had and deals on any of the top crowd funding sites go bad ? if so , was it loss of total investment or just a reduced ret...
Caroline Gerardo
Surety Bond or Insurance Covers Rental Deposit What say you?
Would you be willing to accept this new fangled idea of tenants offering #fintech surety bonds or deposit insurance or rent guarantees instead of a refundable cash deposit Here's an article https://www.axios.com/2022/...
Brian H.
Was pre-approved, lost my job, can I get a mortgage without it?
Hi folks, I have a question: Is it possible to get a mortgage without having a job? Here's the situation... I work in architecture and used to work construction. I would really like to transition to small-scale, resi...
Nathan Waters
Tenant hasn't put water bill in her name yet. Going on 3 months!
I bought a small 1BR 1Bath HUD home back in September. I got it rented out in March. I know; the turn around was slow, but it is what it is. Learned a lot and got what seemed to be a good tenant. She got the gas and e...
Joe Pearson
No Reserve + Need Tenant to Afford Mortgage = Too much risk?
So, I'm planning on purchasing a duplex or triplex within Manchester, NH, but my fiancee and I can only afford an FHA Loan 3.5% down and 4.85% interest, 30 yr mortgage, and that will leave us with practically no reser...
Adam Tafel
another "poor millennial can't afford a house" article, critiqued
Article:https://www.wsj.com/articles/your-parents-financial-advice-is-kind-of-wrong-11568367000?mod=e2fb&fbclid=IwAR2XL4axyaQpo43fAkn_Q_fWBU3GiHJ9_K6t5c8G6rMnPCfed1KBBXIVhToResponse:Let me set the scene to save yo...