Peter Lee
Bank says no counter on Short Sale?
So, 3 weeks ago, I found a house on the MLS listed for $74k, I made an cash offer on a short sale and it was accepted by the seller. Today, I got a phone call from my agent saying that GMAC negotiator wants $90k for ...
Sean Brennan
My Preliminary Business Plan
After some in depth study over the past few weeks, including hours of BP produced audio, interaction with the community, reading 123flip.com, and Marty Boardman's book, I think I finally have an understanding of the b...
Sunny P.
Sell me why would you invest in real estate over another business
so I am all for real estate but I want to see what you think about this:You come across a $1 million in investment properties, you put down 20% and take a loan for $800,000. Now you have $200,000 of your money tied u...
Rick Pozos
Are NEW Real Estate Investors LAZY???
Why is it that almost all new investors want to know the best way to find deals, the best way to find private lenders, the best way to find wholesalers, the best way to do everything and make 300k+ per year without do...
Carolyn Morales
Mortgage terms, 10, 15, 20 or 30 years and why?
For Mortgages, including Primary Residence and Rentals, Do you choose 10, 15, 20, or 30 year terms and why? We tend to go fewer years, with the mind to pay down principal faster and so far all are buy and hold, with ...
Emmanuel N Okafor
Extra eyes needed on a 46 unit apartment deal I am analyzing
Hello,I am trying to buy my first apartment complex. I currently own 11 single family rental properties. I did an interest-only cash out refinance last month and pulled out $914,000 that I want to use to buy an apartm...
Lloyd Segal
Economic Update (Monday, November 9, 2020)
Economic Update
(Monday, November 9, 2020)
The election is finally over. Now we can return to ...
Frank Adams
Lamest excuses for late rent
Had dinner one night last week with another guy who has had rentals for about 15 years and naturally the topic turned to deadbeats and why it's not their fault that they don't have the rent. The following is a compila...
Alan M.
Lots of equity, what to do with it?
I'm in the fortunate situation of having a lot of equity but without much cash on hand. I need some help on how best to put the equity to use (or to sit on it for awhile) As background, here's my current real estate ...
Mark J.
North New Jersey- Buy and Hold or Fix and Flip?
Curious if North New Jersey investors are seeing better opportunities in Buy and Holds or Fix and Flips. Looking around it seems there's not many opportunities for multis under 300K other than Newark, East Orange, su...