I have an applicant who's debt to income ratio is a little higher than I'm comfortable with. She is separated from her husband and he gives her money for the kids but it's just a verbal agreement so I can't count the ...

I have a chance to rent out a large room for $2000 a month in my primary residence where I live (Key West prices). I am unemployed, my wife makes about $65,000 a year working, for our healthcare we are receiving Obama...

Hey BP friends - I have an interesting scenario.  I own a property which consists of a front house - 2 beds/2 baths.  It came with a detached studio (500 sq ft with a bathroom) - the studio has a separate entrance, pr...

I seem to recall on that for studying for the real estate exam (california) there was a term for a husband and wife treating a real estate (or real estate purchases in general) as separate property.  Is there such a t...

Pretty sure it is - but want to be positive. Ex) If I bring $10,000 to an auction and my (winning) bid is $10,000, does that mean I need to come up with the additional transfer tax monies or does that get factored in ...

Hi all,
I've just had an offer accepted on 9 separate condos/townhouses in Charlotte NC.
Having a problem finding a reliable company that will offer a blanket mortgage on all of them. Average cost is around 70k/unit...

What are the risks / potential liabilities if we operated an LLC for rental properties but used a checking account strictly for business purposes in our personal names?  We would obviously not use this account for any...

Should I separate the water and electrical meters that are shared between 2 units? I feel like in the long run it would be beneficial because I wouldnt have to worry about paying the utilities and I could lower the li...

Investment Info:

Condo buy & hold investment in Chicago.

Purchase price: $167,500

Cash invested: $33,500

Purchased a condo in desirable Chicago neighborhood in which I lived in for one year prior...

Recently purchased a property (2-family) with separate utilities. Here are the facts:1. Two new gas fired steam boilers (one for each unit)2.  During the home inspection the thermostats in each unit was increased dras...