Currently, I am going through due diligence for a new community. This community has 10 POHs, 4 TOHs, and 2 vacant spaces. There are a few major factors that I consider when looking into a deal-making sense.Let me firs...

Hi, I have a question regarding refunding the security deposit on long term tenants in Chicago. My husband and I have a property we just bought this year and next year in 2019 we are not re-newing one of the leases so...

Was sent this by my mentor which an attorney sent to him. Very interesting. Judges ruling seems reasonable. Summary is below but not sure how to attach pdf for full ruling if anyone wanted to read it. This could be ci...

I took over a property with existing tenants that have a large dog.  I am not sure what the condition was like before, but I suspect that the dog has damaged the hardwood floors.How would you handle the security depos...

Should I care about buying homes in awful condition and in poor locations as long as there is an end buyer that buys junk homes in poor areas? My thing is this. If someone buys and rehab a junker house in great condit...

Actual Questions I’ve Been Asked by Borrowers/Brokers
1. My client is worth over a billion dollars. How quickly can you make him a $25,000 loan?
2. Do you lend 150% of appraised value?
3. How much down payment do I...

I’m thinking about picking up a property in Baltimore that may be able to convert to 2 units. The lady told me most of the properties around there operate this way. With this one, it used to be metered separately but ...

Hi BP,One of my acquaintance who does a lot of wholesaling told me to go knocking on peoples door asking if they would like to sell their property.My question is how can I write an official offer? Do I need to registe...

Does anyone know if I can buy a Fannie Mae/Freddie Mac with any mortgage company? We can get a really good rate from our local place. Thanks!

We are looking @ purchasing SFR house that needs a lot of work, probably $45K in renovations.  The property has a section 8 tenant that is mo. to mo. and seller is willing to evict prior to close.  These tenants have ...