Alec Devall
Rent Calculator Help
Hi All,I am just dipping my toe into REI and have succumbed to the information overload if not analysis paralysis bug. I was wondering if someone could explain a portion of the BP Rent Calculator. If I have a base ren...
Sean Bayliss
Cash out refinance duplex
Hello,
Currently I’m in the cash out refinance process on a duplex. The loan terms from bank didn’t give an APR, but stated “maximum legal rate”. What does this mean?
Interest. The unpaid Principal Amount of this...
Corey Dutton
Fannie Freddie Rake in Record Profits: But will Money Train Last Forever?
Fannie Mae and Freddie Mac own or guarantee approximately 60% of all of the mortgages in the U.S.A. According to a recent article in MPAMag.com, Fannie and Freddie are pulling in record profits. But the head of the...
Gus Lawson
Hello from Springfield, VA - Ready to Help
Hi everyone,
Over the past few days, I've been really impressed with the openness and sense of community on this site. Great job everyone!
I'm new to the real estate game and recognize I must give in o...
Adam Britt
A question about refi of private/hard money loan
Good evening BP!There are a few individuals I know who may be willing to fully finance a property acquisition with cash. Once I buy the property, what are my options to refinance with a conventional loan (at lower per...
John D.
Opinions on lease options
We are working on finalizing our first flip in New Jersey and were approached by a prospective buyer who happens to be renting from us currently at a separate address. He is interested in a lease to purchase agreemen...
Chris Martin
FINALLY - A spike in the VIX. Maybe the RE market will catch on
The volatility index has been astonishingly low. Obviously that's my opinion. I for one don't think the 'to infinity and beyond' market can continue forever. This stock market, and the real estate markets in many mids...
Wanda Woo
Contractor
how common is it for contractors to buy properties that are under contract?
Jaime Arellano
HFA/HUD Loan
I talked to this Real Estate Advisor from this real estate company about investing in real estate properties. I told her that I did not have the funds for the the 20% DP for NOO properties and that I would consider bu...
Dedric Polite
High response rate Letter: Shortsale/Foreclosure HomeOwner Needed
Hi BP!I'm an investor in the Boston MA area new to the BP community. In a short amount of time I've been overwhelmed with the wealth of valuable info on this site and in the forums.I currently own a 3 unit rental prop...