Hi, please explain the information at the end of the post to me as I cannot sleep thinking about it. My lender is not returning work for a few more days so I wanted to ask this group about seller concession on a conv...

Hi BP,
I'm in the process of closing on first property, a 2-family house hack in Union city, NJ. I was waiting on the Certificate of Occupancy and Smoke Cert before scheduling a closing date.
Towards the beginning...

I still have not heard back from the bank regarding an offer I made on another property and that offer's deadline has now closed, so until then, I'm making looking to make an offer on other properties.

I just got bac...

Current situation:I agreed to purchase a property "contingent upon building inspection."  Yesterday I had said building inspection. The units were to be empty upon inspection. (2-3 hours)  While my inspection guy was ...

Hi all,I'm selling a condo in Miami, FL and reinvesting the proceeds in several properties in Houston, TX. I'm doing a 1031 exchange so I'm time bounded on the identification of the replacement properties (45 days). I...

Paid cash for my first house then financed my last two with the same broker. Right now he can get me 4% while Sebonic claims they can get me 3.7%. Their reputation is meh, though. As an alternative, I could get 3.87 f...

What are the tax consequences for the following 100% residential rental situations?

1. seller paid closing costs
2. buyer paid closing costs
3. buyer tacks the closing costs onto his mortgage
4. what is the better sc...

Hi.  Just got my first deal under contract and will be closing shortly.  Buying deal all cash with delayed financing.  Conventional loan is about 105k based on 70% of the ARV, with 4.85% on a 30 year note.  Question I...

Anyone have any recommendations?

Wife and I are ready to put an offer on a home we are in love with.  We've been watching the market for months and this home fits our needs the best.  The home has been on the market over 100 days, has "motivated sell...