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Hello,I have heard that it is a good idea on your first deal to do a 5% conventional loan and then to do a 3.5% FHA loan on your 2nd property when you move in. What are the major advantages/disadvantages of doing your...
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I saw a very compelling presentation yesterday by Jason Roberts of REI Blueprint. At the end of his talk at an LA REI association meeting, he offered tickets to his $1997 live event at half off. I liked him and what h...
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Hi All,I'm looking at a piece of vacant land that I could get an extremely good price on. It's small, around 3 or 4k square ft, but enough to build on. The flip side is that it is boarded by other single family owners...
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The 2024 presidential election presents two distinct visions for America's housing market. Historical data shows housing prices have averaged 4.84% growth during election years since 1987, but the specific policies of...
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In the process of buying rental property, does it make sense to do 15 year fixed mortgage if cash flow is still positive? Obviously 30 year fixed is more cash flow /month, but other than that, am I missing reasons why...
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Hello BP community, this is my first post as a new landlord. I'm excited to have started this journey and would appreciate advice or examples and outcomes. For reference, I live in the same small Montana town as where...
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Hi all,
Excited to be here. I actually signed to the forum several months ago but was a silent observer. Now it is time to pull trigger. So I live an work in Bakersfield CA and would like to buy a real estate...
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Hello, I am a first time landlord with my first property. My tenant just notified me of this in November and they first started noticing it back in May (eye roll lol). There appears to be a leak but I'm not a very han...
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Currently own a 2 bed 2 bath condo as a second home. Daughter lives in one half, and we use other half as place to crash when we are in town. Looking to transfer ownership to daughter while minimizing transaction cost...
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Hey everyone, If you can't wholesale a deal because there is no equity. Is it a good idea to do a subject-to deal for a newbie? I have been listening to a lot of the podcasts by @Michael Quarles and I want don't want ...