I have been following real estate for several years now and actively engage with real estate investors globally, both professional institutions and general portfolio managers. The common theme amongst those who buy an...
I am considering acquiring properties to be rented under the section 8 program. My thought is, buying between 50-90k livable (or less than 10k rehab) and being able to rent for 2% or at least close to it trumps the ca...
Hello BP community,
I have observed a lot of confusion on the forums about financing options and the availability of programs for RE investors. As I have gained a ton of knowledge from the forums in my own journey, I...
Hello everyone,
I received this message from the mortgage company I am using this morning: “One thing that I was told is that the interest rate would be around 7.875% with 1.25 discount points.”
The interest rate se...
Real Estate Riddle:If you and I buy a $20 million property with $5 million down and it cash flows at 10% a year what did the property cost us?Answer:The $20 million property cost us nothing. The $5 million less the ca...
How is that the lender says you can cash out refi at 70% LTV on a $120,000 house with an $11,206 balance due on the original loan, plus $1793.79 in fees equals a cash payout of $48,999.79. The math doesn't work in ...
Hi Guys, So I'm engaging in my first "Private Sale" without the use of an agent or attorney. property is for sale by owner and I want to buy as an individual. So what I can gather so far is...1. Run to office depot or...
Ok i have watched many videos and looked online but none explained a simple answer im looking for Usually i read hard money loans go by points and high interest etc..and are short term typically 1 year....SO does that...
Hello BP, I am a wholesaler in the Greensburg Pa area. I was watching a video of Grant Cardone on youtube and had a question. Can someone explain the pros and cons of Lease options and owner financing? Appreciate the ...
How does release price work? I have a portfolio loan and am paying it down but need to sell a few properties.What if the home sells less than the release price but I have paid a lot of equity into the portfolio loan?