Bank of America, one of the country’s largest mortgage lenders, says it is loosening its policies on short sales in response to the U.S. Treasury Department’s announcement last week that it would increase incentiv...

I wanted to know if its ok for me to start with a line of credit and/or a credit card. Line of credit interest rate is 9% of 50000. Credit card rate is 11% but 14 if cash advance, limit is 25000. I do now have a pr...

Here's another question. I have a house that had been "winterized" (before I owned it) because it was a foreclosure and would be vacant for a long time. All the utilities are now on, and the only problem is that the h...

Hello all,

Just over one month ago I finally closed on my first multi-family property. It is a 6 unit property in Jersey City. Below are the income / expense numbers & acquisition costs...

I just have to put this out there because I was taking quite a bit of flak from one of the members on here who said a conventional refi could not be done with only 6 mos seasoning.

Not only did another BP member just...

I have a property located 2 hours away from me that I'm trying to sell. My realtor did find me a buyer, and they are willing to pay a reasonable price, however they don't have the best credit and want to put down $20...

I have been prepping the last few months looking to really build a decent foundation in this game but also not trying to over-analyze things.  I made a commitment to act and last Friday I sent out 300 mailers to a nei...

Found this online (which means it MUST be true) and had to share it. I haven't tested any of these but it looks like a couple good ideas.

Spot Removal Guide for Carpet

Step by step advanced treatment recommendatio...

A week away from closing on our first rental house.  $79,500 purchase price, 15% down, $67575 loan, and lender is charging an origination fee of $1400 for 30 years fixed at 5% - wife and I are both around 800 credit s...

With the specter of a US default growing over this debt ceiling issue, how do you think all this is going to work out? Republicans are firmly against tax increases and want steep spending cuts, but Democrats want tax ...