I'm new to RE and just learned about the 12 nonrecourse states. Couple of questions:- if a borrower defaults in a nonrecourse state, will an LLC protect them from a big hit to their personal credit?- are DSCR loans in...

If you're buying turnkey rental property in your own name (which will be managed by the TK property management arm), how do you structure your bank accounts?

In other words, since I'm assuming the TK property managem...

In episode 943 of the podcast the guest, Jeff, said that if you pay your debts through a business account for 12 months, they will no longer apply to your personal debt-to-income ratio (DTI).  Does that apply to conve...

Hi,I have been asked by a recent contact about my interest in taking on a short-term loan backed by a property in the Chicago area. The property is currently occupied and the owner plans to fix it up and sell after th...

In the 12 years being a property manager of my own properties I have meet some great tenants.  I have also turned away some potentially great tenants because they simply did not have enough cash to move into my units ...

Good afternoon BP family,

Home Depot offers a 24 month 0% financing card, but it is only available to “consumers”. I have a project within my real estate business/llc that will cost around $20K that this card would ...

Hi,I'm looking for banks/credit unions/Mortgage brokers that can help me to get a mortgage under LLC.I'm planing to buy few properties around Boston (MA) and i'm trying to figure out how to levrage my money and take m...

Hello,I'm switching my current broker.  I'm interviewing a replacement.  This is a hypothetical question. What if I submit a bid on a property I saw with a prior agent?  I will certainly notify my current buyer's agen...

After seeking advice here on BP I've decided the next step for me is buying a four unit FHA each year for the next few years. Living in it for a year while I fix it up and moving on to the next and allow the forced ap...

This is a hypothetical question , say a person is having real hardship and can no longer make the mortgage payments on their home, is it legal and can someone offer to take over payments and put the home into the new ...