Hello All,
I recently completed a refi/cash-out on my multi-unit (4 units) property which I also use as my primary residence [been living in one of the units for several yrs]. At one point during the process of the r...

Hey BP,

I wanted to get some input on how to handle a situation I have with my rental. Last month my tenant told me that they were going to have a guest staying with them for a few days and I said that was fine. Toda...

I set out to do a refi on my personal residence with a bank who would also give me a HELOC at more favorable CLTV than I can get from my normal lender. I just found out that they denied me for excessive DTI. When I as...

Hi BP.I need some repair guidance.I am closing on a house next Friday. The lender is requiring repairs to the siding. They need to see the chipping paint scraped and the house repainted. My contractor is recommending ...

Hi,We are non-resident foreigners who are interested in buying a condo in Michigan for our son who is a US citizen (9). He will most likely live in the US in the future (for college etc.) How is the best way to reduce...

Over the last 3.5 years we’ve worked to pay off all our debt, purchase our first primary residence, and save up a 6 month emergency fund. Sounds like Dave Ramsey right? At the time it’s what we needed to do. Soon afte...

I’m a current New York resident that’s looking to slowly get out of the corporate world and more into the rental property world. My plan as of now, is to work for at least another year or so here in New York, and once...

Hi, I am looking for recommendations for firms that provide setting up correct entity structure (S-Corp on operating side / LLC on non-operating), and also provides tax prep and planning. Real estate and short term re...

HELOC vs Equity Loan?

Hi, here's my scenario:I bought a house in cash for 42k - then took out a 34k HELOC on it. It is/was my primary residence. Now I'm under contract to buy another home - that I will be moving into - so my primary reside...