Hello, I am currently in escrow buying a house from Fannie Mae, I discovered that the house is in a high risk Fire and flood zones, I decided to back out of the deal but it was after the 10 days inspection contingency...

Goodmorning everyone. As you all know the mayor of Chicago continues to extend the covid mandate another 30 days every month. When do you think this might end? I hear that a lot of landlords are going to be looking to...

Im interested in purchasing a commercial rental property and so far every bank I talk to is only offering balloon payment loans. They say they will just extend the loan after the 5 year is up for another 5 year term b...

Hello All,Looking to get some sort of idea on how long this can extend closing. Was set to close on our property and then was notified that would not be able to close due to the VA not paying the property taxes owed o...

Last year I loaned a local investor money for a rehab and flip of a small apartment complex. The plan was for it to be a quick project but COVID and other circumstances delayed the project. We are coming up on the not...

Hey BPI am working with a hotel group in developing several hotels across the United States.  We were discussing areas to focus in and we both agreed the Phoenix area is one part of the country to dig into more.  I wa...

Hi All,I've been going around in circles on insurance issues and would like some insight.  I closed on a house in Denver yesterday that I intend to scrape (demo).  The house itself is uninhabitable so I don't care abo...

Hey BP, long time lurker and first time poster. I've always been able to find the answer I need without reaching out, until now!I'm under contract on a triplex "house hack" using the VA Rehab Loan . I am not going to ...

Link to the Seattle Times article below.  I expect this to be the first of many moratoriums related to the Coronavirus pandemic across the country.  
https://www.seattletimes.com/seattle-news/health/durkan-to-issue-m...

Some of you might be facing the predicament of buying and selling a home at the same time. This can be challenging especially if you need the funds from selling your current home to buy the next one. If this process i...