I have a 154 unit apt under contract in Dallas. I had an approval and LOI from Wash Fed through a broker at BMC Capital. Terms were ok. I was only asking for 65% loan and got approval at 6.25 %, for first 5 years and ...
I think i have found a property that seems like it would be a nice starting point in my investing career. Its a Duplex each unit has 2 bed 1 bath and is currently full rented at 500 a unit. which is at least 100...
This month I successfully completed my first BRRRR project, and want to thank BP because until recently I've never heard the term BRRRR. We purchased a house in Charlotte, NC just over 2 years ago (November 2014) for...
The recent Federal Reserve meeting has sparked much discussion, particularly around the rate changes. It's essential to understand the broader context of these adjustments and their implications. Here’s an analysis of...
So i've read through the BP ebook and other books related to real estate. Most of them say that the right time to buy for an investor is when there is a lot of inventory and when the prices are low. When exactly is...
We started last year and bought our first 2 side by side Duplexes. We did not have enough money at that time to renovate them but they were occupied and they cash flowed about $20,000 a year. We bought the 2 of The...
This is going to sound like a bad soap opera, but here goes...
What happens if you have a property sold on seller financing and the buyer uses it as a rental. BUT... the buyer turns out to be a slumlord who is allowi...
I am 21 year old college drop out from Baton Rouge, LA and I've been researching the methods of profiting from real estate, specifically wholesaling. Can someone explain to me the detailed steps of completing the proc...
Hello all, firstly wanted to thank you for this great resource. I have been lurking here for a few years, and there is such a wealth of knowledge on this site! I am renting out a place in Columbus, Ohio. I have re...
Fannie Mae is increasing the DTI to 50% starting July 29th. America's largest mortgage lender is making it easier to buy their first home.
In the last housing bubble, just about anyone with a pulse was approved for ...