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I came across something odd I haven't seen before when researching a property in pre-foreclosure.Due to having been in and out of default for A LONG time the note face value was 501K, but the UPB is~1.7M. When I revi...
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In the area where I would like to purchase next there is a conventional loan limit of $647,000. Sellers won’t budge at $759,000.The property is properly priced.This would be a primary residence that I can also operat...
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I am a relatively new investor, looking for deals in a town of about 60-70k. After my wife and I bought our first rental property in 2019, we purchased a duplex in 2020 and currently live on one side while the other s...
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We have a little studio for rent, about 370 sq. ft.- Occasionally when looking at other small units for rent, I see that the landlord has indicated that they'll only accept one tenant for the space. Any insights as to...
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Good evening everyone!I’m new to investing and I’m a person who likes to put together a long term roadmap when I get into something. One thing that I’m having trouble understanding is: How do you continue to acquire p...
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Question:Do you use a smart lock to monitor access to shared spaces or utility areas of the property to avoid persistent use but allow access by tenants?Background:I am in Chelsea, MA and in the process of moving into...
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I ran across an article (I think it was CNN) that made reference to some change to the tax code that was included in this new stimulus bill. Something about a change to depreciation limits. The article framed it as ...
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Hi BP folks,
Just wondering if others are getting feedback from HM lenders you work with that are tightening up on their funding criteria. I target properties under $100,000 as a buy and hold investor. I have not rea...
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Hey, Came across this in my reading - can't verify that all of the numbers are correct, but it seems like a good place to start for a list of limitations by state: http://www.walkawayfromdebt.com/worksheets&charts...
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Limits