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...

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...

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...