Can somebody tell me what the white paint runners are on the joists? This home is sold "As is"... I've not seen it in person but had to ask what that paint is!? Thanks! 

Sellers appraisal: $121,000
County records appraisal: $93,000
Comps in the area: ~$100,000

Seller asking: $68,000
(Per seller): $0 for repairs
Current occupants monthly rent: $850

Mortgage for 30 yrs @ 7.5% - $673.0...

I'm looking at a five unit that cashflows well given a 5% 20-year, 20% down commercial loan.I have no personal experience with commercial loans. I'm aware that most become adjustable after a period of time. Given that...

I have been making offers for multi-family, and in some cases I have been receiving fairly quick responses but in other cases the sellers go blank. No responses, no counter offer. Is that normal in the industry? I jus...

Hey Guys!I'm at a bit of a standstill, I'm self-employed and all the lenders I've called require past 2 yr tax return. I tried to have my wife apply for a cash-out but since my primary mortgage is on both of our nam...

Hi there, I've got a printer, I've made my own font, I've typed up the letter, bought the yellow pad paper and have been sending off yellow letters to absentee owners.I have a problem with my yellow pad paper tho. The...

My wife and I moved to Philly one year ago and have rented for this past year. We're looking for a multi-family property to buy so we can "house hack." I've been listening to past episodes of podcasts and lurking the ...

Hi BP Fam!I was wondering if anyone has had experience with using a FHA Construction loan to buy land and then buy a modular Multifamily building? I am looking to buy a lot and then put a triplex or quad-plex modular ...

I have three apartment units and I can't figure how to find a buyer? Any tips

Check this out:http://www.reuters.com/article/2014/10/15/us-usa-tenants-tech-idUSKCN0I415W20141015Could be good, could be bad... I could see this type of thing being abused. RentRocket could be useful for evaluating d...