@Steven Hamilton II and @Dmitriy FomichenkoI read some threads recently where the info on basis when purchasing sub2 seemed conflicting.  2 years ago I bought a property subject-to the existing liens of $250K.  Then f...

Hello everyone. I own 9 lower income rental properties which I bought 6 years ago. It turns out that low income properties are not the way to go and a long story short is that most if not all are under water and not...

I have a note that I'm looking to buy - the property is in rural Nevada, so not a desirable area. Current balance on the note is $980k, interest rate is 6%, payments are $10k/month, 9 years left on the note, balloon a...

I am 21 years old and am dropping out of school after two years to become a realtor. I am wanting to get approved for a loan but was wondering if I met the criteria for work history. For the past two years I have work...

Okay BP, so I've decided to jump in (actually decided a little bit back.)  And I figured I'd start a live Blog/Forum to document my epic triumph or defeat; though I'm pulling for the former.The History:  My REI journe...

what would you spend it on?

Hi,I've got around $1.5 million in equity in a few properties around Denver, Colorado. Without selling, I want to tap into some of it for investing purposes, but I've got the good old favorite DTI hurdle that's preven...

Does the 50% of expenses incl. Prop. Tax & PMI? Here's my situation and whether or not I include it in my evaluation.

Example: duplex (2 units) 100k financed; no rehab necessary; "as-is"

Gross rents: $1,730

50...

Hello BPers,I have been learning as much as I can from BP for the last 3 months and had started reading about real estate a few months before that. At this point I feel stagnant. Over the last week I have been buil...

Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do...