Mark Beekman
HUD affiliation worth it?
I was thinking of getting HUD approval on an 8 unit rental property, but I'd like to know what you guys think. The idea of a guaranteed rent check for 8 units each month sure sounds good, but are there any down sides?...
Jimmy Oldrich
Macro blogs and online info?
What blogs and online data sources do my fellow armchair economists follow? I like calculatedriskblog.com and http://www.lpsvcs.com/NewsRoom/IndustryData/Pages/default.aspx from the loan servicing people.
Also use...
Lupe Santiago
Forms needed for Non-traditional Mortgage Origination
Hello! Kind of a simple question here so maybe someone can help me answer it. If a broker brings me a loan for an interest-only, short-term note that balloons, which forms does that broker need to provide to me, the o...
Burt L.
What Are Your Best Practices in "Getting The Deal" When Competing With Another Investor?
I recently lost a deal to another investor as it was on the thinner side and I didn't want to get into a bidding war with the other investor. The seller said she would have rather sell to me as some things didn't add ...
Jason Spicer
Self directed IRA for lending and rentals
The more I learn, the less I like my conventional IRA invested in stocks. Am I correct in my thinking that I could transfer into a self directed IRA and use those funds for lending and accrue that interest tax differ...
Marcell Minor
Saint Louis, Missouri Investing
Hi Everyone,I am a Chicago Investor. Recently over the past few months my girlfriend and I decided we are going to move to Missouri due to cost of living here in Chicago, a new experience, better weather etc. Also we ...
Scott Hawley
My flip was saved by a 5 year old!
I wanted to share a funny story with you about a recent flip we did. This is a quick local condo flip where you are putting in about 20-25k which included an all new kitchen, floors, paint, bathroom, etc.Everything we...
Pam Holbrook
HELOC vs Home Equity Loan
Hello,I'm working on financing and buying my 1st property. I live in Oregon and am going to be purchasing in California where my son lives. He is a contractor.I was referred to a lender in Oregon who is friends with t...
J Romano
Mortgage -vs- no mortgage
I recently purchased a property that will be a vacation home, and vacation rental. I had planned on putting 20% down and getting a mortgage, but due to 6+ offers, I had to give a cash offer to get it done. The cash a...
Javier Rosales
Should I get a Real Esta Attorney in my area
I looking to invest in out of my area. Is it a good idea to get a RE Attorney in that area of investment or one where I currently live at?