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If i give a second mortgage on a property to a home-owner, Do I have to comply with Dod Frank just like the guy who gave the first mortgage?
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Has anyone ever received a defective appraisal back?Notes below from the lender regarding the appraisal. “PNMAC has determined that the appraisal is defective. The report provided does not provide a rent analysis th...
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This is fun. I had a break in at my house while out of town and I am now on the receiving side of an insurance claim. I previously mentioned I had a DP3 policy. I was wrong. I have a DP1 and specifically paid to h...
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Hey BP,I will be acquiring houses using subject-to financing. I will sell the house using a wrap mortgage to buyers with bad credit. I want to know if it's dangerous to acquire the houses sub-to when the lien on the p...
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hello geniuses :I have been purchasing buy and hold properties with a line of credit then immediately after rehab get a cash out refi for 75% of the appraisal value. The loan is an adjustable rate loan which is fine t...
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Hello BP, Amateur investor here that is looking to buy my first MFR in southern California. I wanted to ask the more experienced investors - is there a formula you use if the property has been listed for some time?For...
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Hi all!
One of my property got partially burnt. Can anyone provide advice of the best was to advance, I’m already working with my insurance company. Is it’s worth getting a public adjuster? Can anyone recommend a res...
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I already own multiple rental properties, 2 as of right now and going on my third, and I was wondering can I qualify for an FHA 3.5% down house hacking loan for a duplex or triplex still? Property 1 was purchased as a...
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I have basic question that I'm still unclear on. I'm looking to sell my first SFH, which I've owned and rented for 17 years, for a profit. I'm unsure of the tax liability/taxable gain due after the sell. This will det...
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So, I bought a duplex 2000 miles away and it has been a cash-cow up until about August. I'm was a genius!!! Well, not so fast. 2020 once again reared it's ugly head and brought me back down to earth. One of the tenant...