Hi BP, I have a question and hope someone can provide some further insight and possible suggestions. In researching my returned mail addresses from vacant houses, I found that the owner of one house is deceased and st...

Me and my wife out looking into getting our first 4plex with the FHA loan. We already have 3.5% down needed, but our curious what our odds of getting approved our for a $350k loan. Mainly because I had a friend who is...

I received a 1099-Misc from my property manager for tax year 2018. This is the first time I've ever purchased an out of state property that is professionally managed.Doesn't receiving a 1099-Misc mean that the income ...

I have a home in Houston, Tx that a landlord had up for sale. He will sale the property for 84k to me. The appraisal says it’s worth 121k. With this being my first rental property, I’m pretty hesitant. On paper it loo...

I have a pending sale on a 3 bedroom 1 bath craftsman single family home built in 1912, it has a non-permitted but livable basement with it's own full bath, sink & separate outside entrance. The home is in a desir...

Hi All,
I am currently a tax accountant and CPA at a big four accounting firm in Boston, MA. In my current role I specialize in state and local corporate tax compliance. I found my way here months ago by looking for...

Hi everyone,I have been owner occupying a duplex (renting out one full unit plus spare bedrooms)  in Dover since 2016, get rents totally $3440 monthly, seen great appreciation on the property value, and want to open a...

Hello all,

I just wanted to run my checklist by you guys and see if you can please something that I may have missed.

1) If the property is for sale by owner, why is the owner looking to sell the property?
2) How lon...

I have come across an interesting situation via a coworker. My coworker and her husband bought a condo in a 50+ unit complex. However, the builder/owner was only ever able to sell a dozen or so of the units. To cut hi...

Greetings BP members!
My primary residence is a one-bedroom condo. It was recently appraised at $335,000 and I have about $245,000 left on my 30-yr fixed mortgage. 
I was considering taking out a HELOC to use toward...