When moving a tenant in, it is easy to skimp with the move-in inspection check list (or "Property Condition Report", as we call it) yet it is a critical document. I'm looking to improve my process for getting this...

Hi! I've been reading a lot on BPP for the last 6 months now and am finally getting to looking at properties! I'm currently looking at some MF in the Hudson Valley and want to finance it with FHA, as it would be my pr...

I'm currently evaluating a 4-unit building and need to make a decision because all 4 renters are Section 8. I have heard pro's and con's to having section 8 renters. Some people love them, others hate them. I feel as ...

Hi All, I am in the option period for my first duplex(full rental property). The inspection report came back, and there are a ton of deficiencies( roof in bad shape, pier and beam findings suggesting movement of the p...

I have two deals in front of me where the borrowers will not participate in a short sale but are willing to deed their properties to me. Neither property has had any foreclosure actions or collection activity. Neith...

I have been following the market in Salem, Silverton, Woodburn, Mt. Angel for about a year now.  Every property that comes up I run the numbers and I can never make the math work.  I did put in an offer on 1 property ...

I am currently holding a 2nd mortgage on a property that I sold to a homebuyer.  He is now in default for over a year (I am still making payments on time on the 1st). I don't wish to start a foreclosure process or a d...

When qualifying a property, why does it matter how much it is under water if the bank will still only be able to get the highest bid at auction? Isn't the bank just as likely to accept a short sale vs going through a ...

I am selling my primary residence (fsbo), and instead of fixing it up myself I'm marketing it as-is to local investors (basically wholesaling my own house) becuase I am settling on my new house soon and don't want ...

I buy an HOA lien through foreclosure and get on title. If the borrower is deceased, and the 1st lien payoff balance is less than market value, can I sell the property?Or if the payoff balance is more than MV and I ha...