Gordie Prescott
Property in Pre-Foreclosure with an ARM
Hello all,I was contacted just recently by a seller whose home has the following challenges: In pre-foreclosureHas not paid the mortgage in 2 yearsRented the property and was not eligible for refinance as a homeownerH...
Ashley Roush
Applicant has no social or driver's license number
We have an applicant trying to complete an application for one of our rentals, but they do not have a social security number or a driver's license number- which are required fields for our background and credit check....
Eric Shadowens
April 15th Tax Filing Deadline Extended
The April 15th due date for filing and paying taxes has been automatically extended 90 days.
Individuals can defer up to $1 million of tax liability and corporations get an extension on up to $10 million. Late filin...
Alex T.
Need Multi-Family Cash-Out Refinance Lender
I've worked with a couple different lenders in the past and found that combination of multi-family and cash-out tends to be tricky. Some lenders don't do it at all, others require lower LTV for multi-family (even as p...
Will Smith
New Member from Philadelphia
Hi Will Smith here from Philadelphia. New to Real Estate investing but very eager to get started. I have been reading a lot of books on Real Estate investing just do not know where to get started. I can not wait to cl...
Claire D.
Potential Structural / Foundation Issues in Inspection
Hi BP Community!
I am under contract on my first property to house hack in Saint Petersburg FL. It's 3/2 house with a detached 1/1 unit. I'm looking for advice on how others would handle a few things that came up on ...
Phil Vander Kraats
Tenant to be deployed
I have a tenant who is in the national guard. He notified me that he will be deployed in April, but wants to maintain the apartment. I have not spoken to him - he gave me a note with the rent check - and he has not as...
Kristen Sloan
H.R. Bill 1847 To suspend obligations of residential renters...
Socialist Comrade Omar presented to the House floor H.R.1874 "To suspend obligations of residential renters and mortgagors to make payments during COVID-19 emergency, and for other purposes" 3/11/2021 and immediately...
Davide Formica
Tenant Rent Payment Grace Period During COVID-19 Crisis
What have you been telling tenants about offering grace period? Looking to see what you all may be doing about that. Some tenants are asking some haven't...
Snehal Ambare
Primary Residence converted to Rental - Capital Loss
Hi! We bought our primary residence in Orlando FL in 2006 for $260,000. This year we are buying a new home and looking at potential to convert our current home to rental property. Would we be eligible to get tax break...