Here's my situation:
I have 2 rental properties.
The First is in Crestview FL with a long-term military tenant. Cashflows ~ $800 monthly. Mortgage is $180k. Home is worth $330k
The Second is a Townhome in a stude...

Here's the Deal: We picked up a flip for $72,500 and the neighbor wanted to buy it off of us. His motive is to move his parents into this house because they are sick.We have a signed purchase contract for $115,000 wit...

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so my loan officer sent me a text saying that my loan was escalated to a higher underwriter and was to be reviewed as new. What does that mean? Thanks.

Has anyone dealt with a situation in which one partner cannot secure credit funding or be approved for a loan? Just wondering how you guys thought to process this. My thinking is that we do a promissory note by the pa...

I have a rental property and I'm wondering if doing a Subject To is a good idea if my renter wants to buy the property from me. She is an amazing renter and this could save us both some money. Anything I should be con...

Quick newbie question: So with the FHA loan, you will still have to pay premium insurance throughout the life of the loan. Isn't that the same as paying the PMI for a conventional loan if you don't reach that 20% down...

Hi BP,I am building a new construction duplex and am deciding whether or not to rent it out just sell it. My numbers for each are below. Which provides the best NOI? Opinions?RENT:Monthly mortgage all in is $1130. Can...

I've read and heard so many people talking about FHA loans for house hacking since and etc., but some write about the conventional loans LA - https://www.lbcmortgage.com/co... (with 3% down and credit rating must be 6...

hi, I have a situation where i own a condo which i bought in cash and have a tenant in it who pays on time.  I am a renter myself in another state. I want to buy another property - even possibly in the same condo buil...