Susan Oram
What move to make with a 401k?
So my mother has a 401k that she needs to roll over into something. She is willing to loan the money to me to help purchase real estate. Thereis roughly 26k in the account.
What would be the best vehicle to move th...
Varun Parkash
10/1 ARM better than 30 yr FHA? 550k & 315k property
Guys, I have a 30 year - 3.75% fixed rate loan on 550k property that I am thinking of refinancing it into a 10 year ARM. Currently the loan has completed 2 years. Property is now an investment property for which the o...
J Valansi
First deal, 2/2 condo in Pompano Beach, Florida
I'm about to sign an offer contract, for the first time. I just want to run the numbers through someone before signing.The numbers: Price: $105,000
Down payment: $21,000Expected rent: $1,250.00 (tenant already rentin...
Monica Tao
Short Sale Class Note
Hi everyone, I'm new to the BP, one week to be exact. Love to share something here as everyone else did.I took a 3hr short sale class today in Long Island, NY. Just want to share some notes I took down and love to hea...
Chad U.
Max Purchase Percentage of UPB
I'm looking at picking up an NPN for $153K, and I just discovered the UPB is $144K but the Payoff is $176K ish. The seller's BPO came in at $215K and a local realtor has given a CMA of $277K, but conservatively is wo...
Bryan Metz
The worst time to start is never
Hello BP!
First post here- newbie investor who is itching to buy my first rental property. However, I am almost immobilized by the price of housing and the unknowns of the current market. I believe that the most impo...
Ron C.
1031 exchange from depreciable property to vacant land
I have done a lot of google searches and how I came to this web site. Some answers but still confused. Here is my situation:We own a rental condo that has been in full time rental for a number of years and took depr...
Warren Rubin
Financing Help: Cash Out Refinance vs HELOC
Mortgage & Property details:
Property type: Single family residence (house hack)
Property value: $800k-$830k (based on recent sales & tax assessed value)
Mortgage Term: 30 yr fixed
Principal Balance: ~$507...
DeAngelo Tatum
Real Estate Agent Etiquettes
When I first started looking for rental property I had spoken with several different real estate agents. I was then told get one agent. What I am asking is it normal for an investor to use multiple real estate agents ...
N/A N/A
DOES PAY PER CLICK PAY OFF
Top site placement on search engines seems to be dominated more and more by groups like homeslocal etc. who are able to pay the high price for top spots.Are there any agents out there who have mastered the art of SEO ...