I have a large down payment. I don't want to blindly jump into a home like I did the first two times. It wasn't bad but I need to afford this home forever. I am open to a down size i.e two bedroom home 1 bath. Someth...
Fiancee' and I are trying to buy our first home and have narrowed down exactly where we want it. Problem is there are only 200 homes total. This location is ideal because it is surrounded by parks, bike trails, and we...
Hello,I am looking for lending options available here in Dallas to purchase a 4plex. I have a stable job with a decent salary. My girlfriend is from Spain, working as a Spanish teacher, and is a non-permanent resident...
Hello BP Community in California!I have a 26 foot mobile home trailer (RV) which I parked in my property’s backyrd and is currently occupied by a tenant now for 2 months.A city official came to my door and want to ins...
Hi everyone…
I see people on the boards here speaking about paying off mortgages on their rental units, as if that is a desirable goal. What do you think?
My first influence in pondering owning rentals ...
First post here. I own a 14 unit apartment building in NC. I have a tremendous amount of equity in it. It's worth around $1.5M. I owe $500k. I want to refinance with a Freddie Mac small balance loan at around $1M. My ...
A 1031 Exchange only defers the capital gains tax. The capital gains just go into the next property, they don’t go away permanently. My understanding is the only way to truly avoid capital gains tax is to pass on the ...
Hi I'm wondering how getting a loan for a piece of land with a manufactured/mobile type home on it as a residence is considered as far as going through a lending institution? Any advice would be greatly appreciated!
Does anybody know if my father can prove his income to a lender when I try applying for an FHA loan instead of my income?
Also want to know if the father needs to be a US citizen or permanent resident, as my dad is ...
I'm trying to do a cash out refi on a manufactured home that I own free and clear. The appraisal clearly states that the home is on a permanent foundation but the lender says they won't do the loan because it is not o...