Good Morning BP Community, I'm currently working on getting approval from my lender to purchase my second property in Chicago (Logan Square) and will be doing so using a loan with 25% down, 10% percent being cash and ...

Home currently for sale at 180,000 buyer (not me, acquaintance) is first time home buyer and hopes to get FHA for 3.5%. Plans to rent other 3 bedrooms out to college roommates. Needs me for the down payment and closin...

I have a condo under contract that I am looking to assign or resell, but my potential buyer doesn't meet the association's annual income / credit requirements. What if I found someone to seek approval and purchase the...

I am a rookie investor looking to invest in SFH to hold as rentals long term. I am planning to use conventional financing to finance my investment. I have started looking for listings recently.I am a bit confused when...

I've noticed a few threads where people state that the jurisdiction approvals/permits should be obtained prior to purchasing a property.  I'm curious how this process plays out if you haven't bought a property yet.  D...

This year we started keeping metrics on everything we do as a Property Management company.  While we have always done avg time on market to lease a home and vacancy rate, we are taking it a step further to segregate t...

Hi! I currently have 1 primary residence (still paying off my mortgage) and 2 long-term rental properties (both that I have mortgage on). I am wanting to buy another house cash, that eventually I will want to get a mo...

Hey Everyone,

This is my first short sale and I'm having trouble finding the answer to my question.

I made an offer on a short sale that was given to the lender. The lender recently did a bpo and the listing agent i...

I have two specific properties in my neighborhood, that I cant stop thinking about. Unfortunately they do not qualify for FHA or conventional loans. I would live in them, once they were done, but I could easily rent o...

Had a question regarding section 8 approval. I want to rent a prospective home under section 8. I am trying to ensure the house I am looking at is turnkey (good shape), in hopes that it would be approved under S8. The...