We bought a property subject to existing mortgage. It was behind on payments and was scheduled for foreclosure auction in Texas. Before we brought the mortgage current, the servicer had told us that the Cash Advances ...

I have never stayed at a short term rental and I have been hearing all about them. So I go on line and look at a number of Short term rentals. I’m a little unsure about how the pricing goes whether the listed price is...

hey guys and gals,

I have a question regarding a wholesaling situation I may partake in.

I found a family that was looking for a property in a specific area with a specific number of beds and baths (we...

I am buying a new set of apartments, I trued to look up if I could deduct the cost of escrow. The answer was you have to add it to your cost biases. Not sure what that means. Does it mean you have to add it all up a...

Hi BP community!I've received a number of referrals for lenders in the Columbus market, but most of them are conventional or portfolio lenders. Long term, I will definitely look to build relationships with portfolio l...

I recently did a BRRR on a property. I used all cash to purchase, rehab, and now it's rented for $1250/month. 150K invested total, house should appraise around 195K.  Today, I met with a bank to discuss loan options t...

Hello BP,What are all the expenses related to purchasing a co-op in New York City? I know there is a down payment of course, but about what percentage of price is closing costs? And are there other expenses such as a ...

Hi All. Newbie here and would like some advice. I have 2 rental properties both on 1-year ARMs at 5.25% amortized over 25 yrs that I need to refinance. My credit score ranges from 650-705.Property 1 $1.7 million val...

I'm wondering if those of you who have formally assumed a loan in the last 10 years could share your experiences. Was there an application, what was the qualifying process. If you were denied, what were the reaso...

I am buying my first home which is a duplex in Short Sell for 72,000 dollars I am putting down the 3.5% for the FHA requirments....I am going to live in one side and rent the other side which will almost cover the com...