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Fannie Mae and Freddie Mac are searching for methods to open homeownership to low income borrowers. (This is not for investors) There is a trend to use attorney opinion letters rather than title insurance. The title i...
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Hey there BP. I'm talking with REO specialist (realtor) whom I have not met in person. Told him what I was looking for & he emailed 2 properties for me to look at. He also sent me the lockbox code to let myself...
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One of my biggest fears is getting ripped off by contractors, them stealing my money, rehab cost exceeding budget . However, I realized to maximize my returns I need to consider distressed properties as an out of stat...
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I have a tenant who was burglarized last night. He called me at 2am instead of the police. He notified me this morning that he is moving out and "will pay rent for March, but then he is done". He has still not fi...
I am an American/Houstonian, currently living overseas. I have $300K cash to invest in properties. My Plan A has always been to buy as many SFH as I can, and then let a PM manage them for me. I'm a buy & hold kind...
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How do you think COVID-19 will change the average rents in an area? Will it be pushed down or up? By what percent? How would different property classes see the rent change? (Class A vs Class C). What would be the imme...
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I got into a discussion with my father recently about FHA loans and the requirement that you live in the home the majority of the year. We had a bit of a debate about whether or not the bank could do anything if they ...