We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling th...
WOW! Now that is some "C Class" volatility going on in the stock market.General Electric- Will it ever go up?Large Cap Technology seems to be going down the drain.The stock market is down 10% in the past 6 weeks. "No ...
I am an investor who listed a house on sale with a realtor. We received several offers and I selected a loan offer. The contract had a special stipulation indicating that buyer is willing to pay $5k over appraisal if ...
Hi BP members! I'm an aspiring multifamily investor from Memphis, TN. Currently in the learning and information gathering stage, I am trying to wrap my mind around the major differences and opportunity costs between c...
Hi BP! I recently just closed on my first 3 turnkey homes with Rent To Retirement after being referred to them from a colleague of mine who had invested with them for a few years now. I thought I would start a forum...
Response to Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers Response prepared by Rishel Consulting Group – a consultancy for chattel lendersRishel Consulting Group is a nationwide consultancy ...
What do you guys think about solar panels? I'm considering them for a primary residence that we just bought for ourselves.
Salient points:
- One of the more expensive homes in the neighborhood at a litt...
Has anyone had any experience using McMann Commercial Lending. Currently looking at potentially using them for a $2m loan/beloc on an 8 unit building. Any insight would be helpful. Thanks.