I am in the process of getting pre approved for a loan and I’m curious whether or not I have to claim the debt on a rental property that I bought using  owner finance.I realize it is somewhat a grey area but from my p...

Hello everyone,I need help with this situation.I am in a process of getting a property under contract. Seller wants to sell but property listed on MLS. Now the seller agrees to offer but she is not sure if the bank wo...

Hi BP,I currently have 4 rental properties with mortgages under my name.  I am looking for my next property, but would like to finance it under the name of my LLC.  All my LLC has is a credit card.  I only have 1 year...

Hello everyone, 
I am a "get to the point" type of guy so here it goes. In 2016 I bought house in Scottsdale, AZ. My first home at $300k. Credit / Income - everything was on POINT! Now it's 2020 and this 268k purchas...

I'm closing Wednesday on a short that has been in the works since April. It was an investor owned fully furnished rental. I found out today that the seller removed all the furniture (including 2 tv's). It's a 1/1 c...

I purchased a four unit building early this year.  Part of the down payment was borrowed using a 2nd mortgage against another building, so my real equity is lower than the building value less the 1st mortgage.  Financ...

I'm considering buying a 4plex, but I came across the evaluation problem as this still counts a residential property, yet very little quads are being sold to derive a reliable number.Any ideas?

Currently house hacking, shopping for the next one to hop to. I've seen a few nice houses I wouldn't mind living in. The Thing is, some come with tenants already living there. Some not leaving until May of next year! ...

How do you buy and hold investors out there handle security deposits in PA -- or other states that require deposits over a certain limit ($100, in PA) be placed in true Escrow Accounts?

My dilemna is such: th...

I'm closing on a piece of property this week.  It has two single wides currently.  One has the VIN and other info on a sticker in the master closet, so I'm good on that one.  The other has been "remodeled".  All inter...