Hello BP,I would like to sell my house that I bought using FHA, I lived in that house for only six months. I want to sell the house for less than I paid. I will loose 7K. I would like to know if there is tax and penal...
I'm trying to decide on a 30 year loan vs a 15 year loan. Purchase price for the home is $150,000. Rent is going to be $1450 a month. The big difference is the rate. Does anyone have any thoughts on this?
30 year
25...
So I currently have a townhouse and we are going to buy something that fits our family a little better in a few months. I am in the process of refinancing so that I can take advantage of lower rates, eliminate PMI, a...
My wife and I have a consistent debate on our first rental property. It is a single family home, 3 beds 1 bath. The tenants are perfect, they never complain, They pay their rent by the 5th of the month by direct depos...
Hello! My name is Michael Reiche (pronounced Rich) and I am currently living in central Texas. I moved here a few years ago from Harrisburg, PA where I purchased my first home just in time to see property values com...
Hey BP community,I’m 19 years old and still trying to get my feet wet in the real estate game. With the new wholesale law kicking in my state (Illinois), I’ve decided to take a step back from wholesaling and try to ge...
My grandmother has recently been put out of work due to medical issues and cannot retire yet. So currently she lives alone and cannot afford her mortgage payments that she has. She still owes $58,000 on the loan but...
Hello,
My name is Ryan and my wife and I are looking to real estate investing for our future. We are both 24, but we want to start as early as possible and replace her income so she can stay at home when we have kids,...
Hi all! I have never purchased a property in preforclosure, but it seems like a good thing to look into and wondering if anyone has advice. Where do you find preflorclosure listings, and who do you contact first to ge...
Hello,Does anyone know of a local lender or credit union in the Kansas City, MO area that would be amenable to 10% down on a multifamily investment property?Thank you for the help.