What are the potential pitfalls with a setback violation on an existing structure (with a documented setback exemption from the city) ? The current zoning and intended zoning are multi family and I don't see any r...

Hi BP,Looking for advice from different investors in what is being covered with the rental income you are acquiring from the renters. You need to get enough to cover the mortgage payment, property taxes, insurance as ...

i have been doing my research for about 8-10 months and i finally found a good property in a pretty good niegborhood. I am so exited that i finally have started the process of being an investor. i bought the house f...

I am looking to purchase a multi family in my area, ideally 4 units with an FHA loan at 8-10% down. I’m 18 years old and going to school for business administration. I have 2 major connects in real estate, one is a po...

Hi Bp friends,I have  a seller that want to sell his already mortgaged house to brother and mother. Neither one of them qualifies for bank financing. I suggested owner financing, but the seller want to buy another hou...

If I were to purchase a Trip-Plex with the expectation of living in one of the units. Would I be able to use the 203k loan to rehab the property? I know it works for your basic single family home but will it work for ...

I plan on purchasing a property subject to The existing financing which is a VA loan. My question is around the mechanics of changing the insurance. I’m talking through this… Since the lender will be aware of the titl...

We are general contractors in NYC, but we will be investing in residential and commercial real estate (flips and buy/hold) later this year. I would appreciate any input to help us understand the difference in G/L ins...

Hi all. I stumbled across this incredible wealth of Real Estate information when researching info on a potential first investment. I currently have ZERO real estate experience (Sales Engineer for my day job), but have...

Hi everyone! Newbie here, looking to invest in my first flip. If I take out a hard money loan, let's say for 6 months, how are property taxes and homeowners insurance managed? Ideally, you'd like to pay only for the m...