..."the inspection came back okay, but there's about 10k of cosmetic stuff that needs to be fixed and the seller is willing pay for." STOP and listen to good advice!As a Florida Mortgage Broker, I see so many borrower...

Hi all,I am going through an eviction here in Cook County, Illinois, I won the Case as well as the money judgment. The Sheriff coming to forcibly detain the property could be any day, I call Constantly to find updates...

Hi BP! I'm new to the real estate world and am thinking that in addition to some of my savings, I'd like to use some equity from my primary residence to purchase an investment property.  I'm not a math whiz and it se...

I cannot find the answer to my question. Hoping someone here will help me figure out tax consequences of this scenario: Purchase price 150KImprovements 118KDepreciation 77KSale Price 450K      So my gain is 450 - (268...

I've spoken with a couple of lenders in my area and they all require 20% on investment properties. My current cash situation leaves me short. Does anyone know of any online lenders that will do 10% down?

Here's what we're being offered by the mortgage broker we work with. Is this worthwhile to do?
- Our current payment will go down from $1287 to $1154 - so about $134 in cash flow savings.
- no closing costs. Our brok...

Hello Everyone! I just bought my first two duplexes in Chattanooga and I'm addicted to the cash flow right now. Unfortunately I made the mistake of tying up a lot of my money but I am in the process of saving up to be...

I have potential tenants for one of my properties in New Jersey. However, due to medical problems (i.e. cancer), there are collections/judgements on their credit. They are really nice and neat people. They are aware o...

I just got pre-approved for a conventional loan through a lender recommended to me by a Turnkey company. Wanted to make sure it's a good deal -this is my first house:

Loan for a $100,000 to $200,000 house with 20% ...

Hello, I have 7 rental properties right now (I'm not extremely seasoned in finding renters) and on one of them we have an applicant from another state that wants to rent the house unseen (just from pics on Zillow).  T...