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I'm getting quotes for our first investment property. All of the quotes are including rental income replacement. What are you all doing?
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It's a good time to be on the sidelines and earn some cash while continuing to shop around for your next real estate deal. A high paying money market account is a great way to place your money. Unfortunately a lot o...
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Hi all,
Was hoping to get perspectives / hear stories on how others approached the possibility of selling RE assets and using the proceeds to paydown debt on other properties.
Here is what I see as potential +’s and...
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Hello BP,
I recently got a property under contract that is a short sale. Just wanted to hear from some BP'eea on how long it is taking to get bank approval these days?
I would love to see everyone's thoughts.
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Looking for emerging real estate markets outside of the expensive CA market. Does anyone have any objective advice for myself and others for markets that are still reasonably priced, with strong cash flow and will rem...
Hi All,
I am currently in negotiations on an off market 1br/1ba condo unit in black rock section of Bridgeport, CT (off mkt transaction). We are getting close on a number, but will be in the range of $117.5-120k. P...
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There is a foreclosed distressed property in my neighborhood that is currently FSBO. I'd like to buy it with no money down to rehab and occupy. What's the best route for me to go provided it's a deal of course? Hard M...
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Well, no, the fed cut the fed funds rate which is the rate that big banks lend money to each overnight. Therefore, the Fed decides what the shortest-term loan cost will be. The market decides what every other interes...
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Residential lending standards have come a LONG way since the 2008 GREAT recession. It is much harder to qualify for a mortgage today than it was before the 2008 recession. Today 95% + of loans qualify show income in...
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I started out by renting my condo to a friend 3 years ago when my company moved me all over for a work assignment. I was able to save up quite a bit as my living expense was paid for and I put away all my salary an...