Hello BP,Thanks in advance for taking time to answer. I'd like to know how a spouse is considered in getting a conventional mortgage for rental. For example, wife and husband bought a primary house in year 1. but only...

Hello everyone!I would like to take an equity line out on my rental house to fund a down payment on another property.  I still have a balance on the first loan, but there is a ton of equity in the house.  My only inco...

If you open a side business to start a SD 401k. Are you allowed to contribute gross or net income towards your 17,500 contribution?

I started one this year and only earned about 10,000. I have around 5000 ...

I'm wondering how income from a seller-financed property would be treated for conforming mortgage qualification for a new property purchase?  Would that be treated like rental income is or would it be treated as inves...

Hello all, 
My wife and I were so close to buying our first duplex to begin our portfolio. However, we backed out of said deal because we found out we would only qualify for a certain amount of money on a second loan...

2 questions for wholesalers.  What are your top prequalification questions to identify a motivated seller.And what tips,tricks, format do you follow when running appointments?  

I recently had an offer accepted on a residential house for my family and I and as a first-time home buyer, I had a question regarding the mortgage process.  We put in offers on a lot of houses, in which case our mort...

Hi BP,I have only one property and now am trying to rent out. I do not have any business entity. In this case, am I qualified to apply for SBA disaster loan as a sole proprietorship? And the investment property is wit...

I am self employed and my past 2 years tax income is average 25K and wanted to invest in 4 unit which cost around 700K. I talk to mortgage broker and he says ;you can typically borrow 4 X’s the annual income you repor...

Hey all! I was planning on building four small houses on a piece of rural land in TX. My intent is to live in one (owner occupy) and rent the other three. Any advice on if I could get one loan for all four houses I ...