My wife and I just inherited 50% of a family homestead when her father passed away here in Spokane in March.  We are new to the idea of a rental and trying to gauge our ability to execute on it.  The house is paid off...

I purchased a property back in Aug using a credit card with 0% interest for 12 months with 4% trans fee. A little about the property: it was a total amount $25,400, Rent: $500Expenses: $40 per monthPaying: $460 per mo...

I have found having my LLC have a US Bank Edge account to be an invaluable tool for financial flexibility.  US Bank started my line at a generous number, and they keep sending me balance transfer checks, at 1.99 fee, ...

Hello community, I have recently inherited two properties with challenges. The first home has no mortgage or lien, but has late property tax of about 1,700. The other home has a mortgage of 18,000 remaining and la...

Here's a question.
After a sale can the homeowner buy back their home? For example after being unemployed, and then getting a job. I found one firm doing audits then buying the discounted note and arranging for the ho...

I received the following message from a Wells Fargo Negotiator regarding a short sale I am working on.

I received a reply from the MI company on this short sale request. They are requiring the seller sign a promissor...

All the research I’ve done through Bigger Pockets, I cant seem to find a Hard Money lender to lend under $50,000.In my area (Illinois) there are properties selling between $5,000-$10,000. With an estimated Reno costs ...

Hi Everyone...I found out that one of my parents has substantial funds in a Money Market account that is part of his retirement portfolio. His accountant said he can invest it in ventures other than stocks, bonds, mu...

Each performing note is selling for 80% of the value.Each non performing note is sold for 20% of the value.Are these typical values?What should be checked?

Hey guys looking to get a HELOC on an investment property. I’ve called numerous banks and found one that will do it but it’s an interest only HELOC. This is my first time using a HELOC. Is this a good idea or no? Th...