Any comments regarding this new 15 year loan for low-income borrowers?http://www.latimes.com/business/realestate/la-fi-lew-20141005-story.html

Hey all - I'm looking to do my first investment in a 3-4 unit multi-family in Chicago.  Due to circumstances, I don't anticipate being able to occupy the building - so I'm prepared to put 25% down.However, I spoke wit...

Hello All!What is the best way to secure a loan under an LLC to reduce liability? I know that many banks do not lend to LLC's and transferring a personal loan to an LLC can trigger the due on sale. It's rare that bank...

Hello BP community-Does anyone have experience borrowing money from their parents to get their foot in the door with real estate? How did it go for you?Let me explain my situation. I am going to be a sophomore in coll...

I am in initial talks with an old high school friend who is the managing partner of an investment firm in Dubai. I am wanting to purchase a 35 unit university apartment complex ($3.5mil). I am wanting to know if anyon...

A tenant was $100 short on the rent and paid me yesterday, the 6th, with the $25 late fee.

I'm thinking, one day, you couldn't borrow $100 for one day from someone to avoid paying an extra $25?

Let's see, $25 inter...

I've negotiated a purchase with 10% down and seller carry back for the rest. Seller agreed to purchase price and terms. Loan is for 120 days and the seller wants to be guaranteed the 120 days of interest (6%) regar...

Foreclosure rescue scams, also known as forensic loan audits, are still alive and well. In a loan modification scam, a forensic attorney or CPA, agrees to review mortgage loan documents in exchange for a fee. These...

Hello BP. I have my COE for a VA loan but will probably need a co-borrower (my father). I want to purchase a 4 plex. I understand that I would need to owner-occupy one of the units. My question is... can the co-bo...

I am in the process of borrowing money from a family member for some remodeling.  My accountant will be tracking payments, interest and principle paydown for us.  For the actual contract, short of going to an attorney...