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I'm new to REI and would love to connect with others in the area. As a newbie, not sure if I should invest locally or out of state.
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Obviously, Interest on a property plays a pretty significant role especially during the early portion of the loan. What are some ways of thinking to get around the fact that you may pay much more in interest than you ...
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I was going through my library of mostly economics, stock market, and real estate books and I saw I had a good assortment of books from Steve Berges..all related to real estate investing.I completely forgot I had them...
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Hello all, I’m working on purchasing my first rental and wanted to know what interest rates others were possibly getting during this time in the market. Don’t really feel mine is being justified at 4.75%. It is my fir...
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What is the best/easiest way to decide between a rate and out of pocket cash?For example is it better to do a 30 yr 5.1% rate @ 20% down payment or 4.875 rate @ 25% down payment. Not sure which metric I should be lo...
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Hi everyone!I have always thought that the closing process was unecessarily inconvenient and manual. A buddy of mine in tech was telling me how he was playing with the idea of creating a solution to make the closing p...
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Hi BP friends - I'm moving to San Diego for work and have been preparing and saving to start investing for quite some time. I have around $100k capital to invest, and I've prequalified for a loan up to $1.2m. Initiall...
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Hi Folks, we already listed our home and had 2-weekend open house and we got multiple bid already, so we got multiple bids on DOM 4. Aftre that we decide to set up a due date, but the offer is very strong , and slight...
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Hi,I'm playing around with the rental calculator and have a question about the category "total cash needed" that is determined after the deal is analyzed. Is this the amount suggested by BP that is the down payment, c...
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Hi everyone, I am an moving to a new home and planning to rent my condo in San Diego (central Hilcrest walking distance to Balboa Park / Zoo). The condo is modern and basically in perfect shape, completely remodeled 1...