Hey BP,
I have a property under contract for ~80K.
I have a family relative who is interested in a trust deed investment (1st position). However, I'm not sure how the taxes and interest payments would be calculat...
I'm thinking of renting out our family home. For 6 months to a year. In VR area.
-Invested $150k into the home.
-Property taxes almost $900 per month, mortgage about $1,600.
-Probably worth total of $520 to 600k. ...
My wife & I are new investors. This is our 1st deal & we are unsure of how to proceed the right way.An acquaintance of ours is the beneficiary of her mothers home who passed away 2 years ago. She continued to...
I am interested in a buying a second property but do not have the proper funds. Should I pull the money out of my first property?
There have been several threads here on BP lately about the legality issues when seller financing to consumers. New, apparently stricter federal regs are in place to start 1/2014.
I've posted before that I've been...
My wife and I have a member managed LLC for about ten years. We own two rental properties in the name of the LLC and we own 10 more rental properties in our personal names. All of our properties have mortgages on th...
I have spent so much time with a mortgage lender, who has done an appraisal on the property. I almost for sure with get mortgage from this bank.
However, another bank replied to me today with a much attractiv...
Hello BP family, I came across an interesting deal. I found a house that has people who are behind on mortgage and in pre foreclosure. The owner cannot pay due to having a stroke and wants to sell or have someone tak...
I've been reading relentlessly on here about this topic, but I'm hoping someone can give me some advice before consulting an attorney. This would be our first rental. Purchasing a rental property with someone who has ...
Hello BP, Has anyone done a 203k loan with Guild Mortgage? We are looking to take down our second property here in Denver, a duplex in Arvada, and it is going to need major repairs. Not looking to do a conventional re...