I am buying my first property for rental investment. As per the rules of the lender since I am more than 50 miles away it can qualify as second home. This gives me interest rate of around 3.1% versus as an investment ...
Hello people, I am the lead for a big apartment development project. I want to know your biggest frustrations and problems you have with garage door companies/contractors, so I can be aware of what to watch out for wh...
Can i use a ucc lien to acquire an abandoned property that i have been caring for? i have made thousands of dollars in repairs and been paying the property taxes. I thought about adverse posession but the statute sday...
Hey BP,I've done some google searches and searches on the forum but still couldn't find the answer.Example:Total Loan Value: $200kMortgage Left to Pay: $100kAppraised Value of House: $300kSo this means I have paid off...
I have been told that Aegis funding in conjuction with Fixaflip funding offer a program that provides 100% transactional funding on A to B, B to C deals up to 90 days on a voint venture basis and nonrecourse loan. As...
After my due diligence, I know the property has been within a family for a number of years....
It looks like there have been multiple quit claim deeds to different family members. The vacant property is also sub-stan...
Hi All,
My father and I have been looking to buy property in Brooklyn, NY.
We have been going to auctions. No success yet but learning more every time. I have a good team of resources i.e. title, mortgage broker/b...
Hello BP,
What are you tax consequences on below situation purchasing property under Checkbook LLC.
Purchased owner financing commercial property with 2 partners (33% ownership each) for $1,250,000 with down payme...
I know traditionally there are only FHA purchases that can be made if for a primary residence/owner occupied. Are there any workarounds on assuming FHA loan and using as rental, or do the same restrictions apply? Lo...
Hello everyone! I recently watched episode #788 of the BP Real Estate Podcast, where Lamon talks about how his bank applied the equity in his first property to fund his second property.In summary (from what I gather):...