Can someone give this newbie a quick and dirty idea of what lenders look for when I go to qualify for a loan for an investment property? Do I need to have a specific property selected before going to a lender?

I've ...

I just want to make sure I have an understanding of the 50% rule.

8% Vacancies
6% Insurance
11% Taxes
11% Maintenance/Utilities
6% Management
8% Major Projects

With the remaining 50%, you subtract the mortgage paym...

Hello All, I am in the process of screening a possible tenant for my property. The couple was going to apply together but one of them ended up saying that she was not going to move in until the following year. What ar...

Hello BP,Whenever you find an FSBO property and you are able to negotiate seller financing with the seller. How does the process go from there after the phone call? I haven't done a deal before but I wanted to be prep...

Hey I’m about to become a new real estate agent in nyc and I don’t know if I should do commercial or residential property in 2021-2022 like what would be the the best market to choose from during this time?

I just want to know how people who are still looking to buy houses are navigating the current shutdown. Or are people just learning as much as they can at home while the shutdown is ongoing?

My wife and I are looking at purchasing a 4 "unit" property.  Its 4 different buildings that are all 2bed / 1 bath.  We went and talked to our bank about it and they said that wouldn't qualify for an FHA loan.Anyone h...

How do I escape the Rat race and become wealthy?

I currently have one rental property and also work as a 1099 contractor.  I would like to create an LLC for the property and also probably an s corp for my contractor position.  I would like to then acquire additional...

Looking to understand all my tax responsibilities when I complete 3 FLIPS this upcoming year. 2020 year. Someone link me... or drop a name thanks