My wife and I are buying our first multi-family home and expect to close soon (yay!). We will be house-hacking a tri-plex. One unit is empty that we will live in and the other two units have long time tenants. Both te...

Hi everyone!I just had my offer accepted on my first rental property (3 family) and I am really excited and nervous! The house has two units currently rented on a month to month basis and the other unit is empty (was ...

What sort of qualifications does a local bank typically look for when generating a portfolio loan?

Here is a hypothetical scenario for the borrower:
Assuming the loan is against a 2-3 family rental bought with cash.
...

My partner and I(both newbies) got a lead from one of our fliers. Its for a house in a pretty good neighborhood with lots of houses being renovated. It was a call from a woman saying that she was interested in selling...

I notice a decent amount of homes in my area have a trust listed on the title as the owner. This was surprising to me. What are the most common reasons average, non-investor folks would have their home owned by a trus...

Here's the situation: I have a very old 5 unit building consisting of 3 floors in the front and 2 floors in a back section that was added on at some point. My issues are concerning the 2nd floor units in both front a...

SOOO... I was browsing the web looking for different deals and yada yada yada i see this advertisement for a 2 day special auction where 150 sandy damaged homes and lots will be auctioned and 24 with water views and 7...

I'm just starting out. I've had a lot of contact with investors that want to partner up. I read in another forum "there are more actors in Real Estate than in Hollywood". That one really stuck with me! Besides just se...

Hey BP,
I'm a new agent wanting to figure out everything I need to do to start off right and have a successful first year. So far, my brokerage has me working on gathering my database of every friend/family member/ac...

Hey Guys, I am just trying to get some feed back on a situation I am currently involved in. It is still fairly early in the process and do not have all the numbers at this point.

Here it goes. I have a c...