Adam Huynh
Making extra payments on principal on loans < 3.0%
Hey y'all,Read David Greene's Long Distance REI and wanted to consider this:"If you continuously make extra payments toward the principal of the loan, you not only pay the principal down faster through the extra payme...
Albert D.
Where is the market going? In your opinion?
Dear BPers,What do you see happening in your local markets? Where do you think the market you are in will go in 12-24 months? Should we hold our cash dearly or should we continue invest as usual? Many thanks for yo...
Ori Skloot
Lender that will fund at LTV of Appraised Value
Hi Everyone,I am evaluating an opportunity to purchase some residential properties in Richmond CA as a bulk sale. 6 single family dwelling and 2 duplexes. I'm thinking that getting a loan on each property will be a ...
Cory Binsfield
Don’t Waste a Perfectly Good Crisis
Hey BP investors,
Want to take advantage of an epic opportunity? The 10 year bond is at a record low. Why would you care? Conventional mortgage rates rates tend to track the 10 govie yield. Oh, Wall Street and Main ...
Richard Jimenez
16 Unit Apartment Deal Analysis
I have my first commercial deal under contract for a cash purchase of $375,000 (I am paying all closing costs). It consists of eight 2BR/1BR units and eight 3BR/1BR. All units are currently rented with a gross month...
Account Closed
Newbie Cheap Housing Detroit Investing Question
As a Newbie would you ever consider investing in Detroit I am from the area but would you?
Billy Hills
Scouting a new area: question.
I am approximately 14 to 16 months from having a high enough credit score and a decent enough down payment, To purchase my first rental.
Having lived in this area for eight years. I know this is a dead zon...
Henry M.
Money Pitt... Some Things Are Just Not Worth Fighting For.
(Everything in the following story is absolutely true).
A friend of mine told me there was a home in my neck of the woods and I took interest immediately.
It was through a wholesaler he knew very well. The story w...
Account Closed
I need a cheaper funding source
I just bought a property a month ago. I bought for 17k With a hard money loan that doesn't use a balloon the interest rate is 15.9% (I need cheaper money). It will be paid for in 5 years. I had to buy a years worth ...
Angela P.
Newbie wondering the Pros and Cons of MH investing for buy and hold?
Hi all - I would really love an array of opinions from newbies that just started up through total pro's. I have two rentals currently, a town home I used to live in, and my mother's home that she left us kids and is i...