Seller shorted a townhouse in PA, accepted an offer, bank dithered for 9 months; bank acceptance still pending. Planned settlement date is 15 January 2014. Buyer is supposedly strong and has cash, willing to rais...

My lender told me today:  "In October Freddie is changing their guidelines that even though you have no rental income history, we CAN use the rental income which we have not been able to do for a few years. "Can anyon...

Hello everyone.  I posted a few weeks ago about a 4 plex I was planning to put an offer in.  Refresh, 4plex in NM with very low rents ($375 for 2bd 1bth) and asking price of 174k. I am going to use my VA and I will oc...

I signed a contract to buy a property “as is”, however, during the time between us signing the contract and closing, we learned that we should have offered much less, but we already signed the contract (we were also p...

Hi- apologies if this has been asked before, but is FHA 90 day rule from the date the property was purchased (settlement date as shown on HUD), or the date the deed was recorded?

Thanks, Jon

Hi BP'ers! Looking for some advice about a pocket listing sent to me the other day. I don't have much experience with the Commercial REI realm and would appreciate any advice. This is a 3,000sqft medical facility that...

I'm trying to buy a duplex and the tenant's original lease is an annual lease originally from July 1st 2014 to June 30th 2014 but doesn't specify a renewal term. I want to move into one of the units, so if it just ren...

So I closed on this property (triplex) around Mid-Feb 2020. I just found out thru a letter from the county, that I am now in foreclosure because I'm apparently delinquent on my property tax. I thought this was weird o...

Good Evening Investors,Question. I closed on a house on 12/15/2017 and began renovations immediately, with plans to resell. The transfer of deed did not get recorded until a month later on 01/16/2018. I believe the 90...

I am trying to figure out the best strategy to sell this house.

We got the house under contract for $15k w/ $1k down with the balance financed @ 6% (P&I $155.43) Payments amortized over 10 years w/ a 5 ...