My wife will be the only one applying for a mortgage. But since she just sent $70,000 to the current mortgage, she lacks the down (seasoned) money for a new mortgage for a home we stumbled across.I know gifting 70,000...

Hi everyone,Can someone kindly explain the phrase underlined below in simpler English? A qualified real estate professional is a taxpayer who owns at least one interest in rental real estate that:
Performs more than ...

Currently primary residence, will be renting out soon
Loan is in my name
I am thinking of creating a trust and transferring title into trust.
Should I call the noteholder (PNC bank) and notifying them and reassuring t...

Hey how is it going everyone, I'm a new investor in the north Dallas area (Collin county) looking into probate investing. I have been gathering my leads from the local probate court office and is gathering a bunch of ...

Due to changes in Fair Housing laws, my property manager told me he is not allowed to share with me renter credit history and salary.
Despite that, he cans use them in the screening process.
Are there any new law sinc...

I have a question I'd like to throw out there for anybody who may know the answer.

I heard a well know real estate guru mention a few times now that you can not assign options or lease options (like a coopera...

Good evening all!I was attending a local REI club meeting here in New York City and an interesting topic came up regarding distressed mortgages.  I wanted to see if anyone on BP has had experience with these types of ...

HELLO everyone I have a question? This will be my first deal I'm closing and I'm about to get the property under contract. I'm trying to flip the house , Do I need to contact an title company or a cash buyer first? 

I have a single family unit home that is going to be sold for $1.2M.I want to do a 1031 Exchange, but confused what my next property purchase needs to be. Single, multi, commerical..The new property I want to exchange...

Hello,I own 2 rental properties with a partner and also have a W2 job. My wife doesn't work but doesn't have a real estate agent license. She work on the rental properties in many ways. But her name is not on the prop...