It’s time I quit lurking and actually take a plunge to get out of the rat race. I’m ready to jump in and start investing in real estate, but despite my research I think I could benefit from having a mentor. How did yo...
Last year in September I purchased my first solo investment property. It is single lot with a SFH and a separate duplex on it. I purchased it for $96,000 and it generates $1700 a month in rent, with a 15 year mortgage...
Hi BP! My husband and I are in are 50s. We are looking forward to retirement but concerned about our ability to weather the stock market swings over the next 25 years and maybe more. We have two kids; our son is just ...
BP family: If money for downpayment is not a problem what would be sane thing to do in this interest rate environment ? Is putting less down and holding onto your cash now for a refi- later when the interest rates com...
The Dodd-Frank and the Consumer Protection Act have made it virtually impossible for a consumer to obtain a hard money or private money loan anymore. In the wake of the financial crisis, many consumers have had hits t...
I recently (within the last 3 months) bought a house that was established as my primary residence, and locked in a 2.75% 30 year fixed on it. I’ve found another, significantly more expensive, property that I’d like to...
I have watched a number of webinars recommending rental properties investment but I feel like I'm missing something.. Say I want to invest in a duplex for $200,000. I use $40,000 (20%) from my savings as a down payme...
I'm asking this question because I currently hold a note with a partner for an owner financed land sale. This was a sale that we did a couple of months back to someone we knew. Loan (~125k @ 6% with a balloon paymen...
I am interested in purchasing senior living communities/assisted living/ retirement facilities, but I do not know where to begin. Does anyone have any suggestions on where to start, or anyone to talk to or what are g...
After doing some search and research I'm investing in my first trust deed note. 50% LTV and it pays 9% monthly for 60 months. Approx. investment 50k. The bad thing is that the home owner can pay me off before th...