In so many deals, I come across other investors who look at deals through a scope instead of a panoramic camera. Many times, a property has to fit into such a specific metric, area, or criteria that these investors do...
Well, they got caught, Barclay, the Bank of England manipulating the interest rate of the London Inner Bank Offer Rate (LIBOR). This is the rate charged for borrowing between banks internationally.
If you have an adj...
Is there a way to "manipulate" Zillow values? I'm under contract on a triplex and have noticed the Zestimate value swing from $164k-$200k back and forth over the course of several weeks.
My hunch is that the owner o...
I am officially looking at my first property now. Working with my mortgage broker we have figured out what my max payment is for the initial rental to keep the DTI under 40% to stay conservative. I'm looking for som...
BP nation, I have advice for newbies like me. I made an agreement with a guy and I made the mistake of sending a long distance cash purchase contact and I signed first. Assuming he would sign and return it. He did ...
Hey Everyone,I’m an avid news guy, some days I’ll hear a news article about banks manipulating CRE loans by providing false income. Banks will claim there is more income than the company is making. Then they’re packag...
here's a rant on the totally abysmal quality of fools trying to mnipulate me into renting my lovely SFR. I use the rental application form as a qualifier and when they can't seem to get it together to submit it (perha...
Found guilty in conspiring with 20 other traders and brokers to rig LIBOR to benefit his own trading positions, Tom Hayes was finally convicted and sentenced to 14 years in prison by a U.K. judge. This is the longest ...
Hello Fellow investors,
I am working with a broker for a loan on multi-family property. Broker photoshopped the Bank's original LOI to reflect higher origination fee. Later when he slipped through his fee, then he s...
I am looking for creative ways to help a family member evict a very problematic and manipulative tenant in Florida. Tenant received a $30,000 loan from landlord and hasn't made a payment on that in at least a year. Te...