Hi BP folks,I will be as brief as I can be and expand in subsequent comments as necessary. I am 25 years old, still living at home (with parents), college graduate (wonderful student loans), and looking to invest in m...

Hey BP family ! Any CPA’s out there lol  .  I am a new investor and I have been taught the formula goes like this Income-expenses = cashflow but, my question is do you pay taxes on that “cashflow” ? If so, how much sh...

Lessons Learned from Real Estate Market Frenzy

This is an observation of real estate market frenzies and lessons learned from the viewpoint of a third generation real estate investor, developer, property manager, and...

Hi Forum,I am New to the BP Family and I see that everyone on this site appears to be very friendly and willing to share information, unlike a lot of others I've been a part of. Being that I am new and I have read a l...

Had a thought/question about assets/liabilities...

I've never invested in investment rental properties and I have a question.  I am buying a small multifamily unit for $1.535mm and will put down 30% and borrow 70%.If I finance purchase with a 15yr fixed my monthly pay...

I have a question about loan servicing. I bought a note through FCI. A non performing note. It was being serviced by FCI. I wanted to move the servicing to Loan Servicing Center in Chowchilla CA. I get an email from s...

My current lenders for a primary residence I am purchasing is requiring 12 months of escrow UP FRONT AT CLOSING for taxes and insurance PLUS the normal contribution going forward.I have a shortsale on credit report da...

My husband & I bought a 4-BR home for $75K cash in 1988, and over the next 15 years put $50K+ into improvements, including construction of a detached home office. We took the home office deduction for several year...

Characteristics of Hard Money Lenders
A bank’s role is to supply financing first by evaluating the borrower and the borrower’s financial state, including taking into account their debt compared to their income, commo...