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Big news hit the mortgage world today. It looks like Bank of America is in talks to buy Countrywide:
http://biz.yahoo.com/ap/080110/wall_street.html
Thoughts?
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So I basically have seen two basic formulas on these message boards to determine whether or not a property is a good buy.
For rehabbing: (ARV * 70%) - repairs = Max Purchase Price
For Renting: Rent * 50 = Max Purch...
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Hey guys, I'm just getting involved in the real estate game and trying to figure out how to finance deals. Here is my situation.
I am currently a fourth year medical student with ~$150,000 debt, some of which is at 6...
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Several threads recently have discussed the ethical standard of suitability in real estate. In other words, are the buyers or sellers sophisticated enough to understand the risks of a financial arrangement if it is d...
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I am new to flipping and have been looking at a turnkey wholesale company to get properties. As a ball park I am using the following formula to determine the buy price. (.70 * ARV)- repair cost. So a 100K ARV house...
Hello, I am completely new to all of this as I am now starting to research and gain more interest and insight on real estate investment. I am inheriting $100,000 very soon and not sure how to proceed . I do own a...
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Can someone tell me if there is an online registry of deeds for idaho? I would like to research the title of a few properties.Thank you
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I am a new investor who is purchasing a quadplex as an investment. Since I am probably not going to be living in the new home, should I bother creating an LLC and purchase the home through there or should I purchase t...
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Hi everyone! I earned my agent's license earlier this year in February, married my husband in April, and we moved into our first fixer-upper home the end of July! I'm jumping into real estate agent work full-time, and...
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Hello everyone,I've been digging through the forums and have found a lot topics on investing with retirement accounts but my situation is slightly different so I felt it called for a new post on the subject.....My fat...