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I'm 60, son 25. We have 70K to get started. Both smart. willing to work hard. I have my own business. Son works as a salesmen. Can we make a million in 5 years?
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I’m a successful commercial broker in SoCal. Been trying to break into RE investing for myself. It’s pretty tough. Just can’t get seem to get out the blocks. Tips, stories, collabs appreciated.
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Anyone else see this?http://www.mortgagenewsdaily.com/channels/community/969950.aspxIt was sent to me by my broker.Short version, Fannie Mae is reducing their 2nd home/rental property portfolio to 7% of the overall lo...
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Hi everyone,
I recently purchased my first duplex with an FHA loan. I started to put together my taxes and ran into a few questions.
1) During closing I paid an FHA premium up front is this deductible in the curren...
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Hello From Brian Henry in Denver Colorado. Recently joined BP. I'm in the process of returning to the real estate investment market, mainly the fix and flip market. Owner at Family Building Solutions, general contra...
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I love the annual ritual of spring cleaning because it gives me an opportunity to take inventory of what I have and decide to keep it or toss it. (It also helps me toss the random junk my 4 kids have collected over th...
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I closed on a 5 family brownstone in Brooklyn last week. The building was occupied by the owner who lived in one of the units and had the thermostat that controlled the heat for the entire building in her unit.The hea...
Hi everyone,
My wife and I bought a single family home 2 month ago using a conventional loan (Fannie Mae) and have since lived in our new home (first home and first mortgage). However, we are going to be moving in w...
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I have an interest in two beach homes that have really strong income history. Even with that being considered interest rates for jumbo loans are making the financing tough. Is anyone familiar with a a product and lend...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $53,000
Cash invested: $53,000
Keller Wiliams Monzo Group
#1 Team in Michigan for actual homes sold!
Wall Street J...