It's hard to find too much information on the community reinvestment act . Has anyone used it before and how does it work ? What are the terms and rates ? Does it go off of credit ? How can I apply for some CRA funds?...
It's hard to find too much information on the community reinvestment act . Has anyone used it before and how does it work ? What are the terms and rates ? Does it go off of credit ? How can I apply for some CRA funds?...
Is anyone familiar or ever bought any properties with financing related to the CRA? I was recently at an REI workshop and the speaker said that banks are required by government to provide funding to REIs looking to in...
Investment Info:
Single-family residence fix & flip investment.
Cash invested: $120,000
Sale price: $180,000
Full rehab of single family home. The project got off to a slow start with the buildi...
I am trying to enter the real estate industry with a rental investment property. My options are as follows: - Multi-family home with 15% down, 0.5% off rate, and $1,000 towards closing costs.
- Single family home in...
I was wondering if anyone would be willing to share their personal thoughts or experiences on how real estate investing has benefited their community.
With the new passing of a bill called the Financial Choice Act, which scales back or eliminates many of the post-crisis banking rules under Dodd Frank, I wanted to know what other BP members thought about this topic, ...
Assembly Bill 1771 by Chris Ward will impose a 25% tax on all net capital gain from the sale or exchange of homes or properties. Qualified taxpayers who buy and then sell a house within 3 years need to pay the tax. Al...
Hi All,In the process of closing on my first MFH and up to this point planned on using a Freddie Mac Home Possible 5% DP which locked at 4.25% 30 yr Fixed.I was approached by a mortgage broker about a program through ...
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.
Under the proposed...