I got a call yesterday from a homeowner who wants to sell their home. He owns the property free and clear and is willing to sell it to me for $60k. Unfortunately, the property is currently listed with a RE agent (li...

Hi BPer,I would consider myself a decent landlord, where I would address every issue or concern that my tenants have. Recently, my hot water boiler broke, so this issue negatively affect 2-3 units in the building. Two...

I’ve got nightmare tenants in my rental property. The septic keeps backing up into the basement shower. It took a month of doing multiple repairs to septic, laterals etc to figure out the problem. We started snaggi...

Hi,  I'm flipping homes now and was just wondering if anyone who has any experience with hard money loans could give me a brief overview of the process as far as whether or not you need to get pre-qualified with a har...

Hi,After contacting a few lenders I’ve realized that the down payment money can’t be a gift. Does anyone have an idea how rigid is this rule and if there is a way to work around it. I did receive funds from my parents...

Hey there, so we are in the unfortunate circumstance where the judge has decided to set aside the tax sale after the previous owners argued the tax bureau did not do their due diligence of notifying the owners of the ...

So I have a cottage I was looking to lease and ended up putting two guys in it who are friends. Guy #1 moves in and shows his dad from out of town where he‘ll be living who is in town for Labor Day weekend and to clea...

Hi all! I've been reading a lot of forums on BP and saw many people say that 5% down conventional loans on a owner occupied fourplex is no longer existent. 3 out of 4 lenders I've reached out to also told me the same ...

When combining section 121 gain and 1031 exchange, can you take out the section 121 gain or does it have to be included in the cost of the replacement property?For example, relinquished property is sold for $800K with...

I've been busting my hump trying to get my first deal. I put the earnest down on one but after inspections found it would cost an extra 40k so I pulled out. Now I've got a golden egg. Buying a great condition house fo...