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According the New Mexico State Bar a landlord must:
Supply running water, a reasonable amount of hot water and reasonable heat in the dwelling unit at all times.
I assume that means making sure the plumbing, hot wate...
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Hi all, I am looking for some information regarding owner-occupied loans.
Situation:
I purchase a property in state A with low-money down owner-occupied conventional.
I decide to move to a new state, state B (be...
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So.. I need to sell a house that we just purchased through conventional financing and I'm wondering how to find out what the fees/penalties will be for not holding it for a year. We're renovating the house now and wil...
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Hi,My boyfriend & I are looking into our first real estate investment property. Our original plan was house hacking and we are looking for a multi family. The market has more in-law set ups than multifamily homes ...
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I almost bought an auctioned property with emotion but stopped myself. I ran the numbers for both a flip and a rental property through the BP Calculators the night before. We were really excited about this house and...
I saw this question in another post, but no one took the time to answer it, so I thought I'd ask it for myself as I find myself in the same boat. Without any further adieu, here's the question:"I have question regardi...
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In the paragraph on assignability in a purchase agreement the buyer checks the box indicating that she wants to be able to assign the contract while retaining liability under the contract. I don't believe she's a flip...
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Good morning BP. I am going to talk to a pre foreclosure this morning and have a Colorado state gov issued buyer seller contract. We have a quick exit strategy in mind as we just purchased our first property last Thu...
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The National Real Estate Investor, an industry magazine focusing on publicity, research, etc., says that as a sector, commercial seems to be holding up. Obviously, we can take a recession if things don’t get all haywi...
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In the scenario where a typical residential loan allow the borrower to live on the property for at least a year, if after 3months the borrower decides to rent the unit, how can that affect the loan? Is there any sugge...