My bank will qualify me for mortgage for a 4-plex if I live in one of the units at least for a full year. A property I am considering right now is fully occupied. Can I still ask for the mortgage and tell them as soon...

Hey folks,Looking for advice on a situation where I closed on a house through settlement company on 6/29 and about a month later was sent a bill by the water company for $300 for a meter that was put in before settlem...

I sold a rental yesterday for a solid profit. Though the purchase price was miniscule, it means I sold it well over 3X my purchase and rehab costs. I rented it for four years to one family and the sold it. I bought in...

I am receiving a settlement of almost $120k at age 21 due to a personal injury lawsuit when i was younger. I am looking into receiving the settlement when i turn 18 so that I can buy a duplex/triplex/fourplex with an...

Is it ok to have the seller sign the "assignment agreement addendum" I will have with the end buyer?_______________Knowing many have wholesaled deals with the seller finding out about their profit from the Hud-1 settl...

I am in the process of purchasing my first house. When I was hit with almost $1000 in fees between lawyers fees and title insurance I began to wonder if there was a way I could save on these fees in the future? I plan...

Hi BP memebers,

I've recently found a really nice deal on a triplex. Purchase price is $354,000 Unit price is a little high at 118k per unit. 
The purchase price is a little high but it is definitely justified, as...

I own a sinkhole SFH in Florida. I bought it as a cash flow property and have been very happy with it as an investor. At this point I would like to sell it, and my realtor is saying that it’s marketable only to inve...

My questions is on the MAR contract the clause that deals with how closing fees are split between the buyer and Seller.  The clause is below:  I would interpret this to mean that unless there are any title defects or ...

Does anyone specialize in fire damaged properties? My friends house has been damaged and hes getting an insurance check and has offered for me to place the first bid. I dont want to take on this project myself even be...