I am new to all of this and I was wondering what are common words that are important and what do they mean?

Hi BP, 
I had a loan with 3.5% 15 yr fixed loan a year ago, and now is trying to change to 3.375% 30 yr fixed for my primary residential. the closing cost is $2000. This will save me $870/month. I plan to stay at my ...

I am purchasing two rental homes as a package and we are wrapping the note with the existing bank. $80k Purchase Price. 10% down and the owner is holding the note on the other 10%.Bank has agreed to refi in 90 days - ...

Hi All,I have a house that is a fix and flip, but the Contractor's original estimate came in too low, and we’ve exhausted our rehab budget. Now the comps have come down and the spread is tight, so unless a contractor ...

Hi All,I have a house that is a fix and flip, but the Contractor's original estimate came in too low, and we’ve exhausted our rehab budget. Now the comps have come down and the spread is tight, so unless a contract...

My wife and I own a 1060 sf 3bd 1.25ba bungalow home built in 1924 that my wife bought in 2007 before we met. The home was remodeled and sold to her for $68k. On the surface it looks nice, but everything about it is f...

I bought an "as-is" house. Unfortunately I did not see the extent of the crack damage in the garage until we took the old garage door down. There's a crack on the concrete slab that is makes it difficult for the new...

My husband and I have decided to do a live-in flip with our primary residence that we bought in 2018. We are going to take out a HELOC to do repairs, and after it is fixed up, we expect to be able to sell it for $400...

After reading several BP posts, I realize among BP investors how popular it is to use rental property as a means to acquire wealth. However, can one accomplish the same thing with rehabs which are then owner carried w...

I’m working on getting pre approved, so I received a few options..  1st being 3.5 fixed interest over 2 years..  and goes up till year 5 that is 4.8 fixed for rate for 5 years.. I taking the 5 the best option??