Anyone else concerned with the debt crisis?   How are you positioning your self defensively?  How much cash reserves keep on hand. 3 months, 6 months, 12 months?

I'm looking at a 12 unit apartment complex in Central Illinois that is for sale.  It's a nice place that has been well maintained, owned and managed by a husband/wife for over 20 years.  Units are in good condition, b...

Do lenders use principal and interest only when calculating your DTI ratio or do taxes and insurance also count?

Hey guys, I need some help, i took out personal loan of 26k for day trading and my friend and I lost lost of it. So now I have been trying to pay it all off but my debt income ratio is 46 percent and I called lender a...

Hello,In FL - Assuming the 1st mortgage forecloses on a property at auction, what happens to existing unpaid HOA fees?Assuming there is no surplus for the HOA to demand, will the foreclosure eliminate their interest?w...

Hello BP, I have a friend who filed for bankruptcy a few years ago. He and his ex owned a home at the time of the bankruptcy filing. He moved from the house thinking that he no longer owned the home after bankruptc...

How will my first real estate investment loan affect my credit score and my ability to receive more investment loans in the future. Does a FICO score even factor into real estate investments?

Hi everyone,I have been owner occupying a duplex (renting out one full unit plus spare bedrooms)  in Dover since 2016, get rents totally $3440 monthly, seen great appreciation on the property value, and want to open a...

Hi, I'm new to BP and I have a strategy question. I know several people who have steady income but might not qualify for conventional loans because of their debt to income ratio (due to high student loan debt and/or ...

According to Robert Kiyosaki's books, if you're a low wage employee, u can still invest in real estate. How far are his books and cashflow game away from the reality?

It seems like even a low wage worker managed to s...