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Is it time for more regulation for mortgage banks?
I think the federal government needs to start coming down with stricter regulations for mortgage banks. I think they are playing too many games with tricky lending practices, all in hopes of getting business. Too ma...
Conrad Legé
FHA or FHA 203k (rehab) loan
Hello BP community,I have been in the market for several months now looking for my first small multi-family property and its been a slow process to say the least. Properties are going fast and furiously here in Chicag...
Account Closed
Should I Even Keep Contributing To My Roth IRA??
Hello All,About two years ago I opened a Roth IRA after taking a college class for Personal Money Management since my teacher encouraged diversification and the tax benefits and all that jazz. Well since then, I have ...
Sabrina Maples
Motel turned apartments?
There's an interesting opportunity here in Chandler, Arizona where a motel is being sold but the agent is marketing it for commercial apartment usage. It has 25 units which mainly consist of 1 beds and studios and is ...
Ashley Vellon
Rentals in College Towns
At the link below, there is a survey from University Presidents. An excerpt from the link is below regarding the content from the survey. Seems like helpful information when analyzing current/future rentals in colleg...
Rebecca Salazar
Is there a “best” real estate company or is Redfin the move?
Hey guys! I dove into the real estate world, of course post Epiphany after reading Rich Dad, Poor Dad, at the beginning of 2020 after my third (and last) babe was born wanting to secure our kids’ future financially. I...
Sean Bramble
STR ground-up construction mentorship/ coaching/ mastermind
I'm interested in education/ coaching programs that focus on ground up construction for short term rentals. Here are the courses I'm aware of:- Kai Andrew's "Land Hacker" program- Alex Jarbo's "Build Don't Buy Short T...
Brian Bertschi
Getting a loan for first property
I am new to BP and really want to start investing in rental property. I have went to local banks and have spoken to loan officers about buying SFH or duplex. They are only offering a commercial loan 3/15 year balloon ...
Tom Juhn
Contrarian Indicator
It seems the discussions I have been in lately has been with individuals asking how they can start investing in real estate. They have heard all they have to is put 25% down, put a for rent sign out and collect. That ...
James S Tomaszewski
High interest rate for investment property
Hey all!I'm looking to buy my first property right now and put in an offer for 440K on a 2b2b in Joshua Tree, CA. The offer was accepted and, LONGG story short, my mortgage officer pre-approved me for the wrong type o...