I own two properties free and clear, with a total value of $750,000.  I live in one and rent out the other.  I’ve been turned down for a HELOC by three different lenders (Penfed, US Bank, and Wells Fargo) all because ...

If I were to use my VA loan to get a multifamily (under 5 units), this whole idea of the one year stipulation keeps arising through other discussions. So my work around, option A. build rapport with a local bank and r...

My mom bought a condo for 150,000 over 10 years ago. Probably worth 190 today. She has rented it out for several years and now wants to give it to me. Shes figuring she will have to pay about 30,000 in capital gains t...

I've seen it for almost every rental. Rentals ranging from 500K to 750K in value. 2.5 to 4K in rent.
People show up with absolutely atrociously misbehaved kids. It's always just ONE kid, never people with multiple. T...

Hey there, I’ve recently come across this concept and after doing light research I cant seem to find anything wrong with this personal finance system thus far. I got a quote to see what the cash value is year 1 and it...

I am perplexed.  I finished up an hour long deep conversation with someone  and they tried to convince me why their decision to RENT and have the option of "being a nomad without owning anything" was the way to go.  B...

Hello BP comrades,My husband and I are new to BP. We are from L.A, both have full-time jobs. We're looking for out of state 5-10 units multi family property to start. There are a lot of books and forums talking about ...

We are in contract for a single family investment property (vacation rental). This is our 4th VR investment property, will be our 3rd mortgage. We have been pre-approved by one bank (which is no guarantee of a loan we...