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I am in process of closing on a new home which the builder is currently building. Expected closing is mid-August’21. The builder has their own mortgage co. with whom I would get about 3% incentive towards loan closing...
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Hi BP community! I have been listening to the BP podcast for a while, and finally decided to get active here on the forums. Here's a bit about myself:I was born in Ukraine. My family immigrated to the US (Philly, PA a...
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I am in the process of processing application for a new tenant in my condo. So far the tenant passed the background check and we are scheduling time to sign the lease.During our recent conversation, the prospect asked...
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If I am going to rent a home that I own, is it acceptable to use the photos which were listed when I purchased the property (just over a 2 years ago)? There have not been any changes to the property, there’s no mentio...
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I live in a very expensive town , Ojai in a very expensive part of the country,California. I have been looking to buy a house with a converted garage to live in while I rent out the house.The place I work and have fri...
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The broad context of this analysis is straightforward: an economy based on ever-rising consumption falters when real household incomes stagnate or decline. Real income for the bottom 90% has been stagnant fo...
Two questions:
1. An agent recently sent me a P&L statement (it looked home-made on a word doc) from the seller, in addition to a "proof of income" from AirBnb/VRBO. The proof of income sheet from AirBnB looks le...
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Good Afternoon everyone, Im currently looking for my second property and have been toying with the idea of using a option contract to buy my next property. Im 26 years old and I still live at home. Ive purchased my fi...
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Stay away I imagine, but seriously I'm analyzing a deal and want to make sure I understand what is happening.
It's a 2-family to buy and hold for $400,000, will put down 25%, so mortgage at $300,000.
Income is $45,...