Grace Sunshine
Tornado in New Orleans East yesterday
Yesterday I was in New Orleans East when the Tornado hit that area. Luckily, our house is fine. Some of our neighbors didn't have good luck like us. As a real estate investor, how can we help them and get some profit ...
Asim G.
Tax Deductions for Active Investor but not RE Professional
Hi,I had couple of questions about tax deductions, and their calculations for my case. I stay in California. I am pretty sure my understanding on the topic is on shaky grounds, and would appreciate if the tax pros chi...
Moti Bariso
Multi-Family Investment Question
I have a few questions about multifamily investment and hopefully you guys can help.
I currently own a primary residence (single family) and a duplex. I purchased both with conventional financing putting 25% down f...
Account Closed
HEL 50k on 200k value owned out right.
I recently talked to someone at Wells Fargo about a Hel. The guy inside the store told me I would probably get somewhere about $150k for the property that's worth about $200k.
After a couple days, a woman called me s...
John B.
Explanation of Escalation Addendum
About to engage in a bidding war with some other investors, what are some good strategies to navigate this type of negotiation?
Hattie Dizmond
Reverse Mortgage Short Sale Help
OK...looking for some help from the BP geniuses.I know you can do a Short Sale on a reverse. I just have no experience AT ALL with short sales or reverse mortgages, and this situation is a little sticky.House has maj...
Len Miller
Loan application denied again
I have a condo that I rent near Tampa FL. The unit was bought in cash and is worth approx. $100,000. On two separate occasions (2016 and 2018), I applied for a mortgage so I can use some of the equity to purchase anot...
Ruth Bayang
Contractor deposit ??
How much of a deposit/percentage is "customary" to give a contractor to rehab a house?Or do you not give deposits at all? I have a Scope of Work, a Contractor Agreement with spelled out draws and project end date with...
Scott Carder
How much should I pay?
Looking at putting in an offer on a foreclosure in my area. Homes in this stable neighborhood are all less than 10 years old. Comps put this house at a value after repairs of 115k. It just came on the market, with ...
Nathan Williams
talking to appraiser before appraisal in California
Im getting an investment loan where the appraised rent amount must met or exceed the mortgage payment. Long story short the first appraiser the lender used was horrible and gave a horrible appraisal amount of 30% l...