Brandon Vallee
Late Payment on Credit Score after Covid Forbearance
Hello fellow BP members! I am a beginner real estate investor and 29-year-old BP fan. I purchased my first 3-unit apartment building in January of 2020 and have been on the landlord roller coaster ever since. During t...
Yoni Rozenstein
Structural work in the basment could reduce the home value?
Gentelmans, whould like to get an advise - house was built on 1955, at the past few years there some major structural work done.The main bulge/crack has been secured along the long wall at the back of the house. Are i...
James Qiu
Who pays for property damage caused by theft or vandalism?
I had a tenant told me someone tried to break into his house and broke the window. I inspected it and found no obvious signs of forced entry so I suspected it's either vandalism or one of the boys did it. So I told hi...
Ryder Meehan
A Review of HouseCanary.com Property Reports - Not bad!
A friend sent me a link to this new beta site for property analysis reports call HouseCanary.com. I was a little skeptical since the market I'm currently investing in is a smaller town (Sherman, TX) and has less comp...
Chris Roberts
Do DSCR loans affect DTI
Do DSCR loans affect personal DTI if they are in an LLC?If so, it seems like having a few DSCR loans would make it difficult to qualify for a Heloc on a primary residence or even a car loan, for example. Also, are DSC...
Martin Sterling
OPRA (No! not Winfrey) Reports, Inspections and do I need them?
Hey guys!I was with an investor of over 30 years this pass weekend and one of the things he mentioned was an Open Permits Reported Act (OPRA) report. For those not familiar with it, it gives you a report of any permit...
Deborah Frantz
Tax question on a rental property that was bought through a housing program.
The program required half of the profits from the sale be paid back into the program. A check was wired to the county at closing by the settlement company. Do I add this payment to the closing costs? The 1099-S I was ...
Michael Mullins
First BRRR Deal HELP Please
View report*This link comes directly from our calculators, based on information input by the member who posted.First off, thank you for the help. This is my first BRRRR so I'm sure I'm missing somethi...
Laura Hildreth
HML Requesting pay points prior to finalizing loan?
Is it typical for a HML to request we fill out the loan application form on our website and provide the fee($1200) immediately after filling the form to our account officer for processing and documentation of the loan...
Pat L.
Mortgage Fees - Fees Worksheet
I'm looking to buy my first real estate property. I received a Fees Worksheet from my broker. I want to do my due diligence regarding the fees on the fee worksheet.Do this fees look legit to you?:Pay To: Broker- Under...