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Hello All,Can someone help me understand a particular term, Bad debt. In addition, what is means to see increased "Bad Debt" at this time, both in general and in quantitative terms. If this value (Bad Debt) does ch...
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I have a question around a house I am trying to buy on an assumable mortgage. The homeowner owes 360k on the house at a 2.7% interest rate. They have it listed on the mls for 400k. They also are behind 9k in arrears r...
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Good morning BP!
So, my husband and I have had a deal drop into our laps that would be so great! It’d be our fourth door in four years, and would spare us one more move (house hacking with small children ain’t for t...
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Creative financing is like thinking outside the box when it comes to buying or selling a house. It's all about finding alternative ways to structure the deal that works for both the buyer and the seller.
One popula...
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How do you go about valuing an apartment building if it's ret tagged since it doesn't currently have a NOI?
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Hello BP, I am just now starting to look at properties from wholesalers and am wondering if you can or should negotiate asking price. The ones I am seeing are way off the mark for the BRRRR process but could be an opt...
I Am currently looking to purchase my first duplex and plan on house hacking it. The property currently has a VA loan on the property at 4% and significant equity. I plan to substitute my eligibility for theirs, howev...
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In looking for my next investment I came across a property in Florida that has an Assumable Mortgage. Now while I am aware of what this means I am curious what the real scoop on these are. Pros vs. Cons and what did y...
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Someone is selling their house at about 20k to 30k less than other comparable homes in the neighborhood but they have a usda loan and are seeking payoff. He is trying to sell so he can buy his wifes childhood home. ...
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Hello All!I've been looking at properties within driving distance of me, because I want my first investment to be easily accessible. However, because I live in northern NJ, I run into the high market prices, and I al...