Hey!
Last month, my wife and I purchased a fantastic duplex in Madison, WI, for $400,000 using an FHA loan. Our plan was to do the traditional house-hack, but things haven’t gone as planned.
During some self-testing...
Hey BP, My name is Ben. I am in Fort Collins CO and will be moving down to Denver to attend grad school at CU Denver. I've been a BP follower for a little while now. Currently in the process of my first real estate tr...
I'm interested in purchasing a property to use for my own business as well as have an additional tenant to offset an SBA loan. I'm interested in a local building and a potential off market sale. The owners have some i...
I thought I'd pass this along to the members of BP...
MHI filed the following comment letter today regarding HUD’s proposed rule on the SAFE Act.
The deadline for comments is this Friday, March 5th. Please fell fr...
I am getting into the fix and flip market and I have family and friends who are interested in investing with me. Basically they will lend me the money to use for a property and get a 10% return on their investment. Wh...
HELLO,Do I tell the seller I am the investor and have other partners I work with (because it's just me)? If I say i have partners to help negotiate price but the seller might be wondering whats taking so long to close...
Here's a fun story...it's long, but I think you'll get a good chuckle:
We have a short sale under contract, and there are two mortgages on the property, both held by Chase Bank. To get the short sale approved, there...
Hi again BP. Another newbee post here about a typical home buying process.Who hires a title company for closing? The buyer or the seller? is it safe to use the seller's title company to close if I'm buying a houseHow ...
Does anyone have a clear picture how the HAFA 90 day hold will affect those of us who use transactional funding?
How can we pre-determine if a property falls under the new HAFA guidelines ahead of time?
I'm not a ...
Hi all, I've got a verbal agreement on a 2 bedroom property that works great for the BRRR strategy. All the numbers work, the property needs a little cosmetic love, and will rent very quickly. I'm excited to start o...