I am financing a flip with private money from a family member.  This is the first time either of us have done this and we are not sure how to document the loan.  We are pretty sure we need a mortgage and promissory no...

We have been purchasing rental properties and our loan guy informed us that there is a limit of 10 fannie(6)/fred(4) loans per name that we can acquire. We are getting close to our limit and I was wondering what strat...

I have 7 rental properties and have accrued cash in the bank. Should I keep putting rent into the bank or pay off the mortgages? What are the pros and cons?

Hi BiggerPockets,Any advice on how to qualify for a large loan (~$700-800k) for a mortgage if my income is only around $60k a year? I plan to finance the mortgage by renting the property out.I used a loan calculator a...

Hello! I live in a home I purchased several years ago. I will be getting a roommate to help with my mortgage. Do I need to hire an attorney to create a lease agreement or can I just download one off the internet? If I...

Offer accepted for 169K (seller paying closing costs) - was listed for 174 and on market for 25 days - it was a flip on an old house in Covington KY (close to local pubs, Braxton Brewery, downtown Cincy, downtown Newp...

Hello BP! First time poster here, So I've got about 130k left on a condo worth 260K and I want to pull money out for a new home. Would it be better to refinance the mortgage or take out a home equity loan? Some sites ...

I’ve talked to a few people with different takes one this question.  If I’m looking to retire on my rental income, should I try to pay off properties ASAP and live off of cash flow or not worry about paying them off a...

My neighbor is $5,500 in back taxes on her CondoShe is $40,000 behind on condo fees.She paid 200k for it in 2008, and now they are selling for 182kThe Association has filed a lien on the property  What is the best and...

So I'm still pretty green with real estate having only bought my primary residence and 1 investment property, but my wife and I are looking to sell our primary residence and move to a home a little cheaper. We came t...