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What Is A Bridge Loan? A Look at How It Works.Buying a new house can be problematic for people with existing homes that have not yet sold. This is because money from the sale of the old home might be necessary to put ...
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New to BP, awesome site.
We own a small single-family home in the Kent area which is south of Seattle. We live in Vancouver, Wa so we are at distance.
The question is would now be a good time to hold the property an...
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Hello,I am considering renting to a retiree that has offered 18 months rent in advance. She is selling her home and will live with her 22 year old son. Her monthly income is $2200 in social security and her son earns ...
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I am seeking advice on Structuring a deal to sell my existing business as well as the commercial property where it reside. I am interested in seller financing, as I believe it will allow the buyer the greatest flexib...
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I came across a 2-family property in East new York in need of a full gut renovation. It's in pretty rough shape.The agent mentioned construction costs for a full reno would be in the $100k-$130k range. Does this seem ...
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Getting quotes on the apartment buildings we have under contract right now. The General Liability quotes are ranging from $15-18k and one at $25k. With full coverage for flood, fire, quake, etc we are looking at abo...
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Hello!My husband and I just closed on a HUD home with a FHA 203b loan. We have an escrow holdback for the required repairs (~$5k) and had a contractor lined up. The contractor backed out and we are unable to find an...
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Several real estate properties in KCMO owned under LLC, most are rented already, we typically buy a vacant house, spend 6 or so months to rehab it from top to bottom, then rent it out. Now we have a problem of getting...
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Hey all, a cousin inherited a house he doesn't want and I think it's a good opportunity for me to buy. It's a 4 bed 1 and ½ bath, 1350 sqft built in the 1960's. 100k mortgage and updated homes are going for 400-450k. ...
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Recently been thinking about how the bank views rental income and your personal debt to income (DTI) ratio. From what I've read and experienced with my two properties, banks will typically take 75% of your rental inco...