Are 40 year Mortgages still in compliance with Dood Frank? I had a realtor contact me today in hopes that I could owner finance one of our properties to one of their clients. Their realtor was suggesting doing it on a...

Hello BP,I have a family member who is sick, upside down on his mortgage, and can no longer afford his mortgage. I suggested he do a short sale in which I would like to pursue. I have never done a deal before, this wo...

Hi Friends,I am starting my first flip project and trying to get City permit for remodelling I have been asked to get General Contractor Insurance. I tried couple of insurance companies and they don't offer this, can ...

I was wondering what other loans can a buyer/investor ask for besides the normal FHA,VA, conventional,etc...Let me know what’s everyone’s experience when approaching a bank and asking for a loan...

We have been discussing this at my office all day. I don't know much as this point, but here's what I know: "Fannie Mae is tightening the underwriting criteria for second homes and investment properties, the governmen...

I purchased a 40,000sq ft sports facility that does not have a/c.  The building was built in 1996.  Quality heavy steel frame construction. 20’ at the low side and 25’ at the peak.  It has typical fiberglass insulatio...

First things first... Happy New Year everyone!  I hope your 2015 is off to a good start.  I have a hypothetical scenario for you to ponder.  Let's say you are looking at purchasing a performing note, but after doing t...

Tenant said on 3rd day after signing lease that we have to modify it because her handicapped dad wants to move in. It's a 4/2. I approved them knowing 5 people would occupy, 2 adults and 3 kids. Can I request addition...

I have a duplex garage that has existing plumbing, HVAC and electrical system in place.  I am looking to convert the garage into a habitable unit.  Are there any recommendations on which local architect firm that I ca...

Bank of America has declined my modification request three times without legitimately. I know this is true but that is another topic... I am trying to save my home. It is in the process of a short sale. I have an inve...