I talked with a homeowner today who wants to do a short sale. They have the one loan with Boa, the house is currently listed with a realtor. I haven't had the pleasure of dealing with BOA yet so I'm not really familia...

I have the tittle and deed of my first property in my name through a contract to buy but the guy I "bought" the property from (who it is important to be known I trust him and he trusts me a great deal.) still carr...

I am under contract with the seller of a short sale, BofA is the bank. I found from the inspections that it will require more work to rehab the house than thought: big items, plumbing, roof etc that was not apparent w...

Hi, when i evaluate a property I generally put 10% monthly expense for repairs and maintenance and 7% for Capex expenditures to determine if a property is a possible buy. Do these percents make sense for a new build? ...

Hi everyone, I want to get started doing bpo's to get some extra money rolling in. I was just wondering if anyone has gotten certified with National Association of Broker Price Opinions Professionals? Their membersh...

Hey there,I'd like to confirm my understanding of the Home Sale Exclusion for taxes, and the ability to claim partial. Let's say we've lived in our home for 660 days (~1 year, 9 months and 21 days) over the past 5 yea...

Hello all, I'm looking at getting into the multifamily market this year.  Is a cashflow of 4-5k month realistic/possible on a ~2 Million dollar mulitfamily (hand's off) property?  I know there are MANY factors involve...

I finished with the webinar earlier tonight and saw an example of a house being but into the BP cash flow calculator to see the expected variables of it.Do the tools BiggerPockets offer work for Canadian real estate i...

I have been recently getting involved in SS many people are saying most banks take a 30% off of what the balance is. then there are people saying that there is a mathmatical equation that works every time. putting tog...

Hello BP Community,
I know I'm missing something (Or actually just flat out wrong) when trying to figure out this math equation of Mortgage (Principal and Interest). So I was hoping people here could educate me.
I'...