Hello BP community!I have a big question. Here’s the background: my partner and I have a realtor that sent us to a loan officer for us to talk to him about the best way to do our 2018 taxes to have the best chances at...
Here is the scenario. The condo has a first mortgage for 156k with BofA and a second for 29k with Green
Tree. The loans are baked by Freddie Mac. The condo is only worth 50k at best and is rented for $895. PITi is @ $...
I know someone whose father is deceased and he wants to buy his sister out of the house. The sister name is on the deed, etc. The sister wants to be bought out of her 50% and free of the property. There is 300K mor...
Bit of an odd scenario:
SFR with 2 separate leases, each lease to occupy their respective half of the house (clearly laid out in each lease). The tenant in one half of the house has broke his lease and moved out. (A ...
Hi All,
I'm new to BP and the Real Estate world in general. My question is impossible to answer, and I know that. BUT- nonetheless, I am interested to hear others' opinions on it. With the price of real estate abso...
Anyone have experience going through this ?
I felt comfortable moving forward for an applicant for one of my rentals but just to cover me a bit I asked for 1.5x the deposit. The applicant was unwilling and kind of up...
Hi There, Can anyone recommend some good background reading/books on how to invest in foreclosures? I am pretty convinced we are going to see a massive wave of foreclosures start to hit the market over the next 6-24 m...
Hello, i have posted before. probobly about a year ago. im still trying. basiclly i still need to move further south Rochester/ Barrington/ Farmington, NH area. plus north or south by 20 miles. we have house to sell ...
I rent out a townhouse and the current tenant want to buy it. The property is worth about $185k and my current mortgage balance is around $150k @ 5.875%. Tenant has agreed to paying $210k at 6.5% with no down paymen...
I am looking to do my first deal in the next year to start my REI career. I am planning to purchase a single-family home to house hack for a year then move into a 2nd property while renting out the 1st. My questions s...