Hello everyone!  Recently, I stumbled across BP while googling "save cash for future down payment or pay down current mortgage?"  While searching for an answer to my conundrum above, I started to learn simple vocabula...

Hi,This is my first post here and please be easy on me.One of my friend need money for his business activity and none of the professional bankers won't lend him money due to his tax filing situation, loan to debt rati...

This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...

Hi all,I bought my 1st investment house 6 months ago in New Jersey. My plan for it is BRRR, it is finished and ready to rent now, but i need to cash out refinance it ASAP. I bought house with cash $45k and use $18k in...

Hi all! Newbie question here. Once I've secured a hard money loan and used it to buy/rehab a home, how do I present my current situation to a traditional lender when acquiring a conventional loan on the property? Do I...

Hello BP community, i'm in the final hours of a deal and underwriting is all of a sudden requesting that I hand over the closing disclosure from a deal that I closed 5 months ago. Has anyone ever experienced this? The...

OK. Another article, again, this weekend, entitled "Smiling all the way to Settlement" pushing the monthly payment versus buying it right. Quote: Don't get greedy: We all want to make a great buy, but ... a few th...

A rental property I bought last year and just getting refinanced. Here are the numbers for before and after. If I am to remove the vacacy and maintenance factor (considering the lease is for 2 years and I have a home ...

Would love to hear from anyone buying by taking over loans subject to existing seller financing. The closer you live to t Maine, the more helpful the advice will probably be! thanks

I read about the thread subject in a book from an expert last week and it made me think about things a bit. With institutional lending on a project I am assuming you will virtually always have to pay off liens at clo...