Hi,I have an empty lot that I would like to build on but have some concerns about financing and building. Here is my strategy so far, would like to know if anyone sees any issues.Based on what I have read, it is almos...

My sister is selling her house to me; however, we want to do a mortgage transfer since she currently has a 2.5% interest rate, but the bank will only pay what is owed on the current mortgage. The equity she wants is $...

Hi BP,I am struggling with the process of drafting a promissory note.  Do I have to have an attorney do this?  I have a few examples of notes that co-workers have sent me but it has all of their information on it.  An...

Hello All,Seeking advice on the following.Looking at buying a SFH (not New) in Meyerland plaza for $449K. (3 bedroom, 2.5 baths, 2000 Sq ft)20% down using HELOC at variable interest rate.Traditional mortgage on rest o...

I have one SF property in Orlando with $200k in equity and one in Ormond Beach with about $150k in equity. I want to leverage that to scale up into a MF property.What's the best way to do that and what entity is the b...

I'm interested in a triplex near a college for 100k. A triplex down the street is renting for 455 a unit. These are the numbers I used to calculate cashflow. Mortgage is 665.30 for 100k at 7%.
Ins. is 83 a month
tax i...

Looking to purchase my first piece of investment property. I'm not looking forward to paying 25% down. Are there any options to me putting less money down so I can save it for incidentals?

Hey BP -
I'm looking for some guidance and advice when it comes to seeking out lenders who will accept a 10% down payment for a second home/vacation home where the loan amount happens to be greater than the maximum ...

Hey BP'ers!

I was wondering if you could help me with something.

I’m having a problem getting a cash-out refi done due to a change in Fannie guidelines on 6 month seasoning for investment properties. I bought 2 pro...

I'm currently looking to buy a 2 bed 1.5 townhouse. It is not on the market yet but I'm positive it will be on the market soon to buy. I am a new business owner and would like to know of a good strategy on how to fina...