Khaled El Dorry
50 year mortgages effect on rental market
Has anyone heard about the 50 year mortgages that banks are issuing?Wonder what the community thinks on its effect on investors if it becomes main stream. Part of me thinks more renters will be able to afford a house...
Account Closed
Fannie Mae and 20% down rule
I'm finding with my lender that they don't want to lend me with less than 20% in the property, even if the numbers look good. Why is that? They say it's Fannie May rules. How do I skirt that? i asked them about PMI, t...
Kimberly Hamada
Fee to drop off rent to office instead of direct debit.
Is it normal for a property manager to charge 25.00$ a month if I drop my rent check to his office instead of agreeing to direct debit from my checking?
Christopher Freeman
Investing Tips and Tricks
Whether you've done one deal or a thousand, chances are you've learned something new. Some of that learning is just getting up to speed on investor basics, but other bits of knowledge may be less well known or obvious...
Cody Tappan
Start out loans with cash income.
Good Evening Investor’s,
I am a 24-year-old college graduate of business administration with my focus on accounting. I have had serious interest in real estate for the past 6 months. I have educated myself through...
Ryan Slade
Formulating the right pla
Hello BP community,
My name is Ryan I currently live in San Diego,CA and I’m ready to start investing in real estate. I’ve gone through many different plans on where to start but haven’t really come to any definitiv...
Anne James
Banks or Credit Unions Selling Loans to Freddie Mac
Hello,I’m in the market for a Home Equity Line of Credit (HELOC). My preference is to establish a relationship with a bank or credit union which sells their mortgage loans to Freddie Mac. According to #AskBP 095, Fred...
Joseph Turner
HELOC Exit Strategy?
I'm looking into acquiring my first HELOC on my California rental for OOS cashflow investing but struggling to come up with viable exit strategies to get out from under the HELOC and essentially rinse and repeat. The...
Will Carson
Creative ways to get started as a low income freelancer in 2020?
I know I won't be very attractive to mainstream banks, so I'm looking for other options to obtain financing for my first property. I make between 30k-36k per year, with a DTI of about 30%. I have 15k saved for a dow...
Cody Tappan
Start out loans with cash income.
Good Evening Investor’s,
I am a 24-year-old college graduate of business administration with my focus on accounting. I have had serious interest in real estate for the past 6 months. I have educated myself throu...