Hello BP members,I have a question about using existing equity in a house. Lets say theres a rental house I have, its paid off (no debt on it) and has appreciated nicely. I'm looking to purchase another property in th...

became an unintentional landlord 3 years ago on oct 1st. wanted to share with you the tracked expensed over past 3 years.

rent $900, $925, $950, $975 (tenant renewed 10/1/2012 for 4th year)

Per month average over 36...

The mortgagor of one of my "sub2" deals asked me if I would be effected if he/she files bankruptcy.  Currently home is deeded to a land trust.  I own several "sub2" homes and this has never come up.  Has anyone experi...

Just received a letter from my mortgage bank that my current FHA loan is eligible for an FHA Streamline Program. Did some research on this since it was new to me and it seems like an option that I’m willing to take. C...

To make a long story short . . . .I bought a house 2 months ago, I just had the sewer line video scoped. There is a break in it, with tree roots inside.It has become apparent the previous owner knew about it and did n...

Hello,I am trying to educate myself on sfh. I read & heard some stories about buying older homes could cause headache. I have a few questions that maybe other BP can shed some light.1. What is consider older homes...

How does an auction work? Is it the same as a forclosure? Can you finance a house that is on auction?

That's my question....Can I wholesale a short sale.Do banks have a problem with this?

Hello, I have a property across the street from a current investment property that I own. It went up for sale about a year ago by a REO company but was taken down in 2 days based on the foreclosure paperwork not being...

Hello everyone,I own a 4-plex and have run it for 3 years now with success.  Recently I ran into an issue with a tenant.  She had a leak under her sink and was unaware how to shut the water off.  I was able to get to ...