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I have been saying this for awhile that the market is frothy and that IF you buy larger multifamily you better be using conservative underwriting numbers.Those placing money into properties with the prediction of abov...
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Say someone has tons of student loan debt, no savings, only asset being a 10 year old car worth $3,000, damaged credit due to some student loans in collections because salaries didn't match debt over time and couldn't...
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I am closing on an 8-flat next week in Lincolnshire, IL (NW Suburb of Chicago). There are 6 - 2beds/1bath units and 2 - 1bed/1bath units.
Currently, it is rented far below fair mark rent. The lady who we are buying i...
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Folks, I'm a bit confused on the latest foreclosure news, reporting that there was a 21% increase in foreclosures, MoM, in October 2020. I thought that there was a moratorium on foreclosures due to the CARES act? The ...
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Hello BP friends, I thought it would be productive to collectively share common seller rebuttals and to see how different people handle such rebuttals. I am hoping everyone can gain some type of knowledge from differ...
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Has anyone here done business with Growth Equity Group? I received a BP email from a gentleman, stating he is with Growth Equity Group. It looks like they allow for non-recourse financing and their clients utilize s...
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Hi BP!I am renting out my condo and in an effort to be competitive I priced my unit at $1850/mo. I have since received 3 really good applicants from people that I would happily rent to. Is there any way to claw back a...
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Hello everyone,
I've purchased/sold multiple times for my primary residence. I'm in the process of moving from one state to another, and if all goes well in this market, I should be under contract tomorrow. My plan ...
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This is about to be real. People have pooh-poohed it for a long time, but the technology is nearly market ready.
http://mashable.com/2014/04/28/3d-printing-houses-china/
My question on this one is this...
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I am a newbie to BP. Thank you in advance for your responses and advice.I am in process of purchasing a single family investment property in Charlotte. My credit score is an excellent and I have a great W2. I am tryin...