We closed on a short sale (after nearly 5 months) and have the HUD and were getting ready for demo when we received a call from the seller's agent. She said that an attorney for the seller filed bankruptcy 2 days befo...

I have noticed an area where the houses are manufactured but the lots are 5000-6000 sq ft, the same size as typical lot in the Denver suburb. These lots are owned by the homeowners. So what category would these fit in...

Hello, I’m currently in the process of purchasing my 1st 3 unit home as an owner occupant. I’ve been trying to cross my t’s and dot my i’s as I’m getting ready for this process (I’m both nervous and excited!). I have...

Hello BP, I'm in the process of purchasing my first property. I plan on house hacking this single family home by renting out the extra rooms. I'm looking for a contract and a decent screening process. Can anyone poin...

Hi, Does anyone have a sample excel sheet with book keeping or accounting for someone that is starting up with rental properties. Basically what I am looking for is something like a detailed real estate balance sheet.

My partner and I are actively looking for our second property, a fix and flip. We've looked at and analyzed probably two dozen properties and, for the most part, we are comfortable with the estimating and analyzing p...

With respect to the deed, I already understand that I need to Quitclaim the property to the Single Member LLC.  My question is about the associated mortgage -- how do I transfer the mortgage to the LLC?  Whenever I ta...

Hi BP members. I have a 2 flat in Chicago under contract and I am questioning it's foundation. The price is great at $245,000 with comparables at $400,000. My main concern is how much it is going to cost to repair fou...

I am new to the game and have been looking for hmls. my question is my house is paid for. the equity is about 175k should I try and use this instead of hml. If so does anyone know how i can get to it. Small problem is...

Relevant and important points to focus in that'll win me a bank loan for commercial real estate.