Approaching my friend to lend money on a deal. Couple weeks ago I started listening to BP money podcast. Very first podcast I listened to Mr money mustache. I liked his message and started reading his blog. Within 2 ...
First mortgage, 230k, 5.125, ARM (40 year, about 14 years in), just reset in July (locked in may/June), up from 5%2nd, HEL: 40k @ 3.75% (2 years into 10 year)Property value, 300kSo that puts me right around 90% CLTV. ...
The $8000 first time home buyers tax credit and the $6500 credit for existing owners (at least 5 years) are expiring on April 30, 2010. That is, you must have the home under contract by 4/30 and close by 6/30/2010.
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There are a million examples and a million different answers, what has worked for you? Or what hasn't worked?For me, I have a partner interested in investing with me on a property. I was talking about another REI deal...
Hello!This is my first post here on BP, I wanted to start my time here on seeking some insight. I'm 17 years old, I'm currently a Junior in high school and I recently got interested in finance, under the topic of fina...
I saw Brandon and Joshua's call for success stories and thought I would share this one:
Last year I sold an investment property in San Diego County and was looking for a place to put some funds. I had been d...
Hey everyone,My name is Kevin and I am from Southern New Jersey. I am a young college graduate with a degree in economics and finance and I am looking to start investing in real estate! I just finished reading the Bi...
The attached is my first attempt at a business plan. I would love to get feedback from the community. It is still a work in progress, so I welcome any and all feedback.
http://www.biggerpockets.com/files/346/downloa...
I am just getting started with RE investment, have a general concept of it after going through lots of reading. My plan is to eventually get into triplex/multi unit investment, but it's going to take some time. Recent...
A small mobile home park has come up for sale near me, and the numbers for long term cash flow are incredible with some well appointed clean up and stabilizing. Even with it currently under performing, the reruns are ...