Hi, Thanks for having me on this forum. I am a Real Estate Broker in California who would like to start brokering his own loans for other lenders. Or work on some basis with a loan broker for compensation. I know noth...

The clients (who are not married, but live together and are buying the house together) were told they HAVE to do an FHA loan. They wanted a conventional loan, and qualified for a conventional loan from a different len...

we are separated and want to purchase a smaller property than our current home. VA is denying due to the fact that i will be moving to a smaller home and thus their underwriting team thinks i want to buy it as an inve...

After reading the Ultimate Screening Guide here, I think I've been doing it wrong.  For my 3 bedroom, 1 bath properties, I've been saying that I will allow a maximum of 2 adults and 2 children.  It looks like I can on...

I have been extended an opportunity to join an investment group. The questions that I have concern the legality of investment groups, filing with the SEC. They are asking for an annual membership fee, plus an initial ...

I never came across this. I have a qualified applicant for one of my properties who wants to move in with his minor (17-yr old) "stepson". The boy is from Latin America on a tourist visa here. I'm told the boy is the ...

Hey! To all the licensed agents out there ... when you buy a property off-market do you run it through your brokerage? I asked this question previously awhile back and got some confusing answers. I have confirmed with...

This is a long shot: A few months ago I read a post from a BP member showing a letter sent to tenants at risk for eviction. In this letter all negative consequences for the non paying tenant are explained in an easy t...

Hi BP,

I have a question about buying a multifamily property with non-conforming units.

We are under contract for a very nice legal brick 4 flat in Chicago that we plan to house hack. However, the building also has ...

Hello BP community!
I am currently under contract on a duplex in Chicago. The property was a gut rehab so as part of my DD I looked at all of the building permit and inspection records on the city of Chicago website ...