Freddie Mac’s website explains the Homepossible mortgage as “A responsible, low down payment mortgage option for first-time homebuyers and low- and moderate income borrowers”. What Freddie fails to explain is how gr...
Hi, I have a question about starting out as a multi-family investor in a stabilizing market... I was wondering if it's a bad idea. Naturally, it seems like the best deals are to be found in a down market, so I'm n...
I've asked this question before and haven't received a single response, but I'll try again. I want to buy a property sub2 by using a land trust. I would have beneficial interest but the deed would be in the Trust's ...
Hey BP, curious if anyone has thoughts on the BP calculator with regards to the Rental Property analysis vs the 50% rule? I've been using the rental property analysis calculator and when I plug the expense numbers in ...
I started the remodel process with a GC of the property I own and the first thing they did was to measure the property lot.It turned out that the county record has 6-ft less width for the lot than the actual length th...
Can anyone provide their opinion on using Auction.com? Last week I found a home by auction.com, went to the house to check it out and decide to bid on it. I ran the numbers and the plan looked great. The auction was s...
Hi Everyone,I am wondering what would be a realistic cash-on-cash return for a SFH in a B-class and above area in Cleveland If paying all cash.Thanks in advance.
If someone is selling a 4 unit with 2 units non conforming (top and garden). They already have a tenant in one of the non conforming units. How much of a discount should I ask for or is having non conforming units som...
Found this company while looking around online for something else, a company called fortress investment out of AZ, say they give you rented out properties for 7500 bucks and then you just have to refi it to get it in ...
So, I've got a difficult tenant.The main point is that he hasn't paid rent since September. When he missed his rent payment we gave him a notice to quit, he accused us of "entering his property without 24-hour notice...