Almost related to a young couple that own a condo as a rental that is 60k underwater.
The wife bought it when single as a primary residence at market peak with basically no down. The lender says no adjustment because...
I've got an investor that would like to take a 125K hard money loan from me. This is my first time doing a hard money loan. Is there a check list or something that people commonly use before giving a loan to be sure t...
Hey guys I am seeking some real advice on how and when would be a good time to step out of my job fire my boss and start up my real estate business I have roughly 10k in savings right now. any advice or insight would ...
Am in negotiations with a seller of a home with a below ground oil tank in New Jersey.The seller agrees to remove the tank prior to closing,while the heating system depends on the tank.Should I also insist on a new...
Hi all,Help please!At the home stretch of this rental rehab. Demo has begun and Lowe's will be delivering items next week.Flooring has been the biggest difficulty to get locked down. Going with a LVP waterproof I look...
Suppose you want to use a new recipe when making your dinner tonight. You get a cookbook with a recipe that looks good, discover a great fried chicken meal, and make your grocery list of ingredients to make a meal for...
Hello fellow agents and BP family,
So I’m about to take my real estate exam some time within the next couple of weeks so I can start my journey as a real estate agent. I am currently seeking advise on which brokerag...
Hello everybody! I'm trying to learn and gather all the information I need to start analyzing some properties in my area. The biggest problem I have now is how to determine which areas are good versus bad to invest in...
Hello I'm new to the whole thing. Over the past 5 years I have purchesed three houses. All making great income. I'm ready and have saved up enough for a down payment for another but the banks will not give me any mo...
In California:I put a down payment for a rental property security deposit as asked by the property owner to secure the rental and continue with section 8 housing inspection procedures. This was on 3/24/16 the deposit ...