I am having a hard time figuring out how to get a wholesale property inspected or repair costs verified by a general contractor before I put it on contract. 1) First difficulty is finding a good contractor to look at ...

Hello BPers,I recently met with an experienced realtor who worked for a larger RE brokerage in Arizona that after a decade or more experience remains under the impression that a (non- licensed) investor cannot pay a r...

I'm looking to buy my first rental property, and had a question about liability insurance - I'm buying out of state, and I'm wondering if it'd be best to speak to a lawyer in my hometown about getting a liability insu...

I concentrate on short sales but I have a friend who is facing foreclosure that is not a short sale candidate. Can someone advise me as to how I can best help him?

His house is valued at $167k. I don't know the repai...

Guys,

I am trying to figure out my post-tax cash flow from my pre-tax cash flow and other stats on buy and hold properties. How does it work again? Please correct me if this is wrong:

From the net operating income...

My retired father put a contract on an Epcon Community in NC last May 2006. Contract was for $193,000 + upgrades. Compeletion Dec 2006 or Jan 2007. Condo still not complete. In the meantime the price of this particua...

Hi everyone, I am closing on my first rental property in 3 weeks. I am purchasing it with a standard bank loan in my own name. There is an existing tenant who's been there for 8 years. Buying the property from a frien...

hello, I was hoping to get your advice on this.  We have a rental that we put out for $1450/month.  We have an interested couple that makes $3600/month combined.  The guy is a Marine for 7 years (728 credit score), th...

Hey everyone,

I had a couple of quick questions concerning whether or not I should seek an accountants advice. In the past couple of months I started work as a real estate agent and am also wanting to start investing...

Explaining the Loan Process - Mortgage UnderwritingPlease note: Slight discrepancies in this process may occur as lenders may designate responsibilities differently among loan processors and underwriters.Your mortgage...