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...
I just purchased my primary residence in a new city with cash ($350k) and have another $250k sitting in cash.Should I buy our first rental unit(s) with cash (after reserving 6-8 months living expenses)? As context, we...
Few would deny that the market is cyclical. It goes up for a few years then down for a few and repeat. I want to hear from other investors your thoughts about how to handle this. We are nearing that top (especially in...
Thank goodness for BiggerPockets! Hoping you can help me with an issue I have on a tenant-damaged rental property.
The property is in Indianapolis IN and managed by a Property Management company; I live in California...
So recently I’ve been incredibly excited about this new journey of REI. I’ve been looking at properties in the Indianapolis/Louisville markets and have found some places I’m interested in. No one in my family has any ...
Blogger Andrew MacDonald, yesterday posted an article on the BiggerPockets Blog that is an absolute MUST READ for anyone considering spending their money on a real estate guru.
The article breaks down both the typica...
There are a lot of investors who do seller financing and I would like to sell some of the properties I acquire under my own financing terms as well. My question is: how do you do that and comply with Dodd Frank, which...
Trying to wrap up my first flip. I've learned a lot throughout the process. My latest lesson regarding the appraisal. Turned the house into a beauty. But now my asking price is 30k higher than the appraisal! The buyer...
Hi BP Community, I don't post often in the forums but do actively read through them. I know there is a lot of knowledge and wisdom to be gained by such a great community, so I was hoping to get some advice on a curren...
My tenants called today informing me they are breaking their lease and moving out. They moved in around February of this year. I had the rental professional sprayed before move in. A 3 or so weeks after they told m...