Hi All,I just was wondering what others though of this idea. My husband and I got approved for an FHA mortgage, it requires 3.5% down. Unfortunately with FHA they also require PMI until we owe less than 80% of the loa...
Hey all,We’ve reached out to a few lenders in Denver as we’re looking to buy our first SFH (to live in). We have great credit and everything, and the best rate we’ve gotten is 6.25%. Has anyone seen lower rates than t...
To Service or Not to Service
In the world of distressed second mortgages, we use servicing companies for two main reasons. The first is for “insurance reasons” (I’ll explain later) and the second is for “convenie...
What do you guys think about these new investing companies sprouting up?
What's hot in real estate investing? Rental property for the little guy
HomeUnion says this $229,000 house in Raleigh, N.C., would rent for $1,...
Hello BP. My lady is a living in an apartment complex in Chandler AZ. The management is terrible and I hear about one issue after another after another. The laziness of the place bugged me as well as I visited often e...
Got an emergency call last week that one of the units toilet wouldn't flush and was backing up into the shower. My plumber went and discovered tush wipes sitting ON the toilet tank while trying to test the toilet. He ...
I'm contemplating rolling several very large SFR property gain amounts (via 1031) into a handful of DST Vehicles. I really like the concept of being able to utilize 1031 to defer my very substantial SFR gains by reinv...
Hey BP Crew,What are your go-to questions and tactics for interviewing and vetting property management? Aside from the cost, how do you determine how well a property manager will perform?I've gotten a few referrals f...
I’m at a total lost right now! l was just told I would have to pay 23k to refinance a portfolio rehab loan on two properties. they are only lending 70% LTV, my rental rates are $1785 and $1985, but the market rents in...
folks - I've gotten a roof replacement estimate for my 100 year old house that currently has hard slate. I could of course keep repairing the slate when leaks appear every 2 years in different parts of the roof but it...