Hey BP!I am trying to do a cash out refi on a property (first time) and need advice, It seems like the interest rate is unreasonably high. I was expecting for it to be about .25 - .5 higher than current industry avera...

HI,I am a new landlord and am listing my first house for rental. There is an applicant who is self employed and wanted to pay me 1 year rental in advance to resolve my concerns about his income. Can I accept the prepa...

Hey guys, this one is making feel pretty dumb.  I am trying to enter all the information from my HUD-1 sheet into Quickbooks.  I've watched a couple videos on other people doing it, and it's just not clicking.  There ...

Hey all! I am in contract on my first rental property!!! I am buying for 165k and expect it to appraise for $275k ARV. I have one mortgage guy telling me I can only get 75% of my purchase price out in cash. The other ...

I am considering renting to a family that has a past history of some financial issues, but appears to be headed in the right direction. However, I need to protect myself, and am wondering if this type of policy would ...

In a PITI payment are all four portions normally paid as a lump sum to the mortgage company which then sends the accumulated  insurance payments to the insurance company once a year and the accumulated tax payment in ...

Hi all,I took control of the house in February 5th and there was an existing tenant inside the house. At the time, the existing owner had a property manager who was looking over the house. The tenant paid the rent f...

what does everyone include in their acquisition cost? Down payment+lender fees+credits+prepaid debits(insurance+taxes) ? just want to make sure i am doing it right

Whats up everyone, Do you calculate Prepaids/escrows in your closing costs when calculation COC? Thanks, Ali

Hello!I have a question about closing costs...I've reached out to 4 lenders and secured pre-approvals with each to compare their rates, fees, etc.For a 25% down payment with 1 point on a $200,000 investment property, ...