Hi! I’m 25 and about to graduate from college in a few weeks and will have much more free time to invest. I have a pretty good job right now and would rather pursue REI than mechanical engineering. I own a home (still...
Greetings!I am somewhat new to investing. I first bought my first rental turnkey using a conventional loan. My second deal was a flip that went bad. I was still able to flip it, but lost about 10k on this deal. BIG le...
Hello, I bought a condo in Laguna Niguel CA in December 2009 (short sale) for $365,000. Today it is worth about $550,000. In 2009/2010 I did $29,852 of improvements including interior paint, carpet, remodel kitchen/b...
What should I expect my credit score to drop down to if I have a foreclosure on a couple of investment properties. I have a score of 769 now, am I looking at completely wiping it out?
Has anyone worked with a lender who has successfully used Fannie Mae's 5-10 program in California or else where.
Hi All - My wife and I would greatly appreciate some advice as I believe we're starting to suffer from some 'analysis paralysis' based on all of our reading, listening, etc. over the years about various/best strategie...
So I understand I can't get a primary loan then rent the property, without living there for 1yr, but what about the other way around? If I purchased as an investment property, but wanted to make it a primary within 3...
I have been aware of the 10 mortgage limit on conventional financing as we moved towards it. We have 9 currently and one HELOC on our personal residence (no mortgage on residence). I previously understood that the 10 ...
Hello BP I would appreciate some advice. I close on my first 6 unit tomorrow. I've went back and forth with deciding should i hire a property manager or self perform. I chose the latter for a few reasons. The proper...
When you look at multifamily building, how to use “Built in ____” information?Is there any rule apply to this?- Building older than certain number value less?- Cap rate will be different when exit?