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I'm recently looking to buy a SFR in Fullerton. I heard home owners need to apply for the permit to do short term rentals and the city is not issuing any licenses. I spoke to an agent who is helping clients manage sho...
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I am a wholesaler working the Baltimore City MD and the surrounding counties. Can anyone please recommend an investor friendly title company. I need to find a title company familiar with multiple types of closings, ...
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Hi BP nation! I am looking into renting out my current home and purchasing a new one. I've done some reading and spoke to a few people and they have said that it is possible to rent and use that income to show when ap...
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Hi everybody. I have a 3bd 2bh househack in Merced, CA. I went through Zillow to list the property and do all the screening. A prospect asked me if i was doing a month to month, or lease. What are the pros and cons of...
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Hey BP family! I close on my first property this week and after closing, I'm wanting to get a business credit card to use for rental expenses purposes, particularly the things I'll need to purchase to prepare it for r...
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Hi guys,
Had a few questions regarding recapture tax and was hoping someone could help.
1) Recapture tax is a federal rule/law and not at the state level correct?
2) Will you owe recapture tax whe...
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I've heard FHA loans typically require a 3-1/2% down payment. I'm currently in a lease option agreement with my landlord. When I secure an FHA loan, will I need to bring 3-1/2% to the table? Or will the $41,000 paid t...
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I was encarcerated for nearly a decade. My wife has amazeing credit. I have zero credit. I opened a secured line and am useing that. I pay it off so to avoid interest. I bought a truck but we had to put it in my ...
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Ok, based on my thoughts and some good recommendations here, I'm pursuing a short sale on a property I intend to purchase for my personal residence with USDA loan.
I saw the vacant property, talked to the neighbors (...
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Hello, My name is Marcus I'm 20 years old and have had trouble starting credit. I have applied to a few credit cards in the past; Discover it and Chase Freedom but no success. I have a low paying part time job which m...