Yay! My offer was accepted on a condo in Seattle. Now comes the not so fun part of dealing with the loan, closing costs, and being in debt for most of my adult life. I'm doing 5% down conventional loan ($310k sales pr...

Hi,I'm in the process of closing a deal as a buyer.  Part of the closing cost, the lender includes their legal fee which I believe is absurd because their attorney does not represent us and we never agreed to any of t...

Hi everyone,So I'm working with an agent to find a property that I could live in for a year (FHA requirement) and rent out after my year is over. I'm using Brian's "house-hacking" strategy using an FHA loan and I alre...

Hi:Question for the group.   Can a parent-in-law can lend to a SDIRA (non recourse loan secured by a property)?   The sources of the funds are not IRA funds but regular accounts.Do you have resources or recommended la...

From the CFPB clarity on the new servicing rules.

I found a FSBO in South Jersey who owns a 3/1 SFH rancher free and clear. All utilities are electric (no gas, no central air). Property has a one car driveway and has W/D included. The home is in a C area. Property is...

Offering on a duplex that has been sitting for almost a month.  I have been looking for a few months.  I believe both units can rent out at $900-1,000 each.  Realtor said that the listing agent has had no offers and n...

Is there any way to get a 2nd Mortgage Construction loan in order to build another house on my lot in Middle Tennessee?Currently have a great rate on my first mortgage for $155k with a house worth around $270k. I want...

"Direct Lending, an early investor in what’s known as peer-to-peer loans, reported as recently as November that it had $758 million in assets. (Peer-to-peer lenders are online firms that offer loans to consumers and s...

Have a few questions 1. Can you buy a property as a vacation home (10% down) , use it for personal use for 2 weeks in the year and use it as STR for rest ?2. Can you do a cost segregation on this property and use it f...