We are purchasing a beach condo STR purposes. Our broker had offered us these loan options:
20% down at 8.5% interest, $65000 down, $1999 monthly
25% down at 7.5% interest, $81500 down, $1704 monthly
We wanted to k...

I put a full ask offer on a houseFor 121kArv 248k....They want the principal to sign the offer (owner of the llc)Wouldn't this make it impossible to sell the llc to another principal before closing?They also want a 10...

Hello BP Community,
Not sure if this was covered somewhere else but here is a situation. A power of attorney is attempting to sell the condo for the principal (his mother). The mother was accepted in hospice care and...

Hello! 
I hold a small mortgage and the borrower just made a payment to principal. 
Now I need to update the amortization schedule but have no idea how to do that without changing the payment amount.  
Can anyone...

First post here, thanks for the wealth of knowledge, I am facing a very challenging situation, hopefully experts can weigh in…
I currently have a SFH in a great location, excellent school district, have been renting ...

I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...

I'm hoping someone can give me advice on whether or not purchasing a 3rd home to do a guest suite rental would be a good idea, given our current situation.My husband and I own two houses: One in Vancouver WA and one i...

I'm getting ready to take the Salesperson Exam to become a licensed agent in California. I took a test prep course yesterday taught by a real estate professional with many years of experience in traditional real es...

I am loaning money to a company that buys, remodels, and sells homes. I am wanting to structure the deals so that my lender profits are capital gains as opposed to interest. Have I been successful?For example, I loane...

I had closing on April 11th and 1st payment not due to June 1st.Is there a reason I need to wait over 1 month and 2 weeks to make my first mortgage payment.Thank you