I'm looking to buy  a home that appraised 1 year ago for 100K. The seller owes 65K on the mortgage. I want to get a conventional mortgage for the 65K, and wipe out the sellers mortgage. If I did this, would I have ins...

So I’m in a bit of a bind, I have a duplex I’m house hacking we remodeled entire thing, new hvac, electric panels, electric main, updated plumbing, water heaters, furnace, install central air, roof. Two complete inter...

Hi all,       If I have a 90k 2nd mortgage note on a property worth about 600k which the first mortgage is 340k, leaving enough equity on the house. What is the best exit strategy?       A bit background, I did a flip...

My son found a foreclosed home offered by Freddie Mac. He put in an offer and it was accepted. He plans to live in the home as his primary residence for 2+ years. He did this once before and now he is ready to sell th...

Hi BP,Does anybody know where to get a heloc on a investment property. I got pretty far with td bank until they found out I have 6 investment properties. They only led up to 4. Wells fargo you can only have 5 and pen ...

There are a lot of mixed signals in all the real estate markets across the US.
Some say the real estate market is crashing, some say it’s not.
I think we can all agree that everyone is seeing changes everywhere.
...

As I tell my friends my investment property story and what I've learned, many of them are interested and willing to give me some cash towards a down payment. Could anyone help me understand what the first steps would ...

Ok I’ll try to be quick and to the point. I bought a single family 2 years ago in WV that also came with an ADU in which the ADU is zoned for commercial and the single family is zoned for residential. The ADU was simp...

I would love advice from the community on this issue.   My wife and I recently inherited a home, which we took possession of earlier this year.  We quit claimed the deed into our LLC for liability etc.   The plan is t...

This post is meant for my accounting colleagues - an invitation to debate, basically.Let's consider scenarios.1. (clear) You buy a rental with a $100k loan. Two years later, you refi into a new $100k loan with better ...