On the lastest Bigger Pockets podcast (#383), Josiah Smelser mentioned that between him and his partner and their spouses, they had access for 40 Fannie/Freddie mortgages.
I looked into this strategy, seems that in o...
Right now I'm in residential 100% because of the availability of 30 year debt. Balloon payments terrify me, am I overreacting?Not being able to refinance is one of the ways you could lose everything. I can't imagine h...
Syndicating deals offers investors the opportunity to take down larger deals using other people’s money while providing a great return for everyone in the deal. Of course, all that sounds good, it’s easy for an inexpe...
Ok BP universe.I really need help on this one or I’m going to lose my mind.This post is aimed specifically at the people who are very familiar with either JV funding/ Partnerships, private money or all 3.The names an...
Hi all,
Looking into purchasing an investment property. In my home market, I can get into a little 2 BR SFH for about 60-70k that should rent for $650-700 or so per month.
Here's what I don't get. Using the 50% ...
I have loaned ( alot) of money to rehabbers and people flipping houses in NY and NJ.A while back I decided to try to invest a very small amount with Patch of Land ( $5000). I was tempted to invest in additional loans ...
I am a bit frustrated and hope this will be received well. This also may be somewhat lengthy as I just need to vent some. I have a 15 yr background in account management/outside sales. My husband (a Chiropractor) an...
Hello BP Community,I've been accused of short-term renting my unit (which I have not) and was fined $12,000. Furthermore, the building's bylaws have a 25% rental cap, and my unit is NOT approved, yet I informed them t...
I'm looking for some good websites to use for finding comps. I found
http://www.domania.com/homepricecheck/index.jsp
http://realestate.yahoo.com/re/homevalues/
Are there others that you can recommend?
If anyone can help I would appreciate your input.
I personally sold a home to a young couple with kids who I thought just had a bad run of luck; little did I know I would be victim to them refusing to pay the mortgag...