We’re under contract for our second rental property. The seller is an old man who needs a week in the house after closing before he moves into his retirement home. Our realtor just wants to include an addendum in the ...

Hi Everyone,I am looking to see if anyone is able to offer any advice on my current situation.  Any help would be greatly appreciated!I currently reside in Chicago and bought my first property, a duplex, in August 202...

This might be a novel question, maybe not: I'm looking at a property that should be a 5 unit, but one unit does not currently have a C of O due to the lack of a working bathroom. It has been in this condition for the ...

Hi all, I wanted to share my recent experiences with turning our garage studio apartment conversion into a short term rental. We have had great success and so far no real issues. The income has paid for the mortgage f...

Hello, I have a prospect (family) whom I have already approved, but I am requesting 2 months deposit instead of the standard 1 month due to their less than ideal credit. They initially agreed verbally, but now they ar...

Hello BP,

A week ago I found a SFH listed at 55k on the MLS that turned out to be a Fannie Mae foreclosure. 3 bedroom old style house, finished basement and attic, and two car garage. Seemed like a good dea...

Ever wondered how to track the market for mortgage rates, especially when it comes to Non-QM and DSCR Loans?  Check out my latest article published here on BP!Thoughts/comments/feedback?  Did I forget anything? let me...

Hi, got a new tenant move in 1 month ago. They said they have been sick since they moved in and want to do a mold inspection.
Last family live there for 5 years with kids and never had any problem like that.
I ask...

How does one become an "accredited multi family investor" and what criteria is used to measure this?I am currently in the education phase of my journey, but also realize that I may be in a position to invest into larg...

Hi BP community,I am a tenant and had a question about the following statement in my lease agreement:"Regardless of assignment of responsibility, tenant agrees to be responsible for the first $250.00 of any repair or ...