Haley Powell
Struggling with Price and Timeline, When do I Invest?
It's the age old dilemma. The nicer (and higher demand) areas are more expensive but command higher rents. The lower end areas are cheaper but demand more repairs/updates and are harder to rent out. I'm in Dallas and ...
Mike Dugan
Land Contract Income during verification - Due on sale concern?
Trying to think ahead about the following scenario:1. I sell a house that has underlying mortgage still on a land contract, which put me at risk for a due on sale trigger (understand the risks of note being called fr...
Emily Smith
This is the best time to get a mortgage at low rates
Hi, :welcome:
A series of economic factors have succeeded in pushing down mortgage rates still further. The average 30-year FRM declined by six basis points to close at 6.27%. The average 5/1 ARM also declined to c...
Neil Narayan
Fannie Mae chief economist's forecast for US economy & housing
“The housing market we think is going to slow a little bit,” Duncan said. “That doesn’t mean it’s declining, it just means the pace of appreciation will be slower. We still expect a very strong year, probably stronger...
David Lee Hall, III
Valuation of Small-MultiFamily
Traditionally my partners and I have used the "typical" % of ARV minus rehab to calculate offer prices. We also sometimes use the model from Flip Your Future (take profit desired and subtract expenses to get max offer...
John Pneumonic
Full Window Replacements: Architect or Interior Designer or None
The selling point of a new foreclosed flip house I'm working on is the land so I'm looking to install new, modern windows that brings in more light and provides better views of the backyard. I'm using a General Contra...
Marco Chaidez
Recently completed and sold project in Orange County CA
Investment Info:
Single-family residence fix & flip investment in Buena Park.
Purchase price: $509,000
Cash invested: $30,000
Sale price: $640,000
Single Story 3 Bedroom, 2 bath Cosmetic Reh...
Kolby McDonell
Newer whole saler questions
How can I learn how to start off whole saling. Better way than driving for dollars possibly.
Jack B.
Wont the new Trump/GOP tax plan reduce demand for housing?
In expensive markets like NJ, Seattle, expensive areas of CA, etc? I suspect the demand curve will shift unfavorably, at least for expensive properties. Cheap properties in the Seattle area around 350K and so may be c...
Floyd T.
How do I sell a Pre-foreclosure
Happy Friday my fellow BP'ers. I'm hoping someone can answer this question for me and help guide me in the right direction. Let's say I get a Pre-foreclosure under a lease option contract. I want to retai it for Ma...