Ari Hadar
Help me analyze duplex in west boulevard, Cleveland
Here is a duplex, area c+, unknown sqft, the second unit does not have access to the basement for storage and washer&drier... The agent told me that although i don't see it in the portals.... It seems rent ready.....
Account Closed
Subject To : Seller filed a bankruptcy
Hello,I bought a property last year subject to existing financing.Later I sold this property on owner financing to another buyer.I was making regular payments to the existing loan since i sold the property.Last month ...
Ricky Jefferson
I Closed but now the HOA rules want allow renters
I closed my deal – but now I can’t lease it due to HOA rules .Well I was planning on writing this blog to explain how I got back into the real estate business after losing several properties in 2008. I had several cha...
Account Closed
> ONLINE FICO "FAKO" SCORES vs "MORTGAGE" CREDIT SCORES
A 700 credit score isn't as good as it used to be. And those worthless Online scores are generally a lot higher that Mortgage credit scores. New Mortgage Credit Scoring (un-official chart) 840 - 800 Extremely Good 7...
Jil Tin
Debt or Leverage of Low interest,what is best plan before retire
Debt or Leverage of Low interest, what is best plan before retirement?we live in California, have primary home and a rental home. I have 530k balance primary home first mortgage locked 3.5% for 30 years (PITI=$3263), ...
Ellie Narie
Do rental properties count in your DTI ratio?
I'm a little confused on how to calculate the DTI ratio. If a rental property is in your name, and let's assume that 75% of the rents offsets the PITI but you have no cashflow. Let's say you want to go out and get ano...
Michael Deter
Are investors bidding on HUD homes illegally?
Hi everyone,I’m looking to bid on a HUD property in Columbus, OH. It is a 4-plex that is partially rehabbed. Currently only owner occupants can make offers which is great for me since I am looking to purchase a 2-4 un...
Jose Vazquez
Ready to Start Investing in DC
Hi everyone! I've been perusing the BP site and listening to tons of podcasts for a few months now and it's finally time to get going. I live with my wife and six-year-old son in Washington, DC. I'm a systems engineer...
Pat Jackson
Favorite amortization schedule for seller-financing
I've heard some say the rule of thumb is "short as possible". Others just go out to 30 years. Still others figure out a realistic monthly payment, work back from there, and have a unique schedule like 21.75 years (2...
Kyle Parcell
Alternative to House Hacking?
House hacking seems to be the absolute best way to start your investing portfolio, per these forums and the many articles I have read on starting out in real estate. As someone who has a growing family (wife and two k...