So, I'm currently working with a law firm who's helping me improve my credit score. I went from 580 to about 600 so far. I was aiming to hit 700. My question is, what is an acceptable score for me to be able to borrow...

We currently own 5 properties, all have equity  with less than 80:20 loan to value.  One inpaticular has 30% loan to value currently.  We live minimally off the income they generate currently on a sailboat.  would ide...

Hello BP,Hope all is well and prospering!Straight to the point. I will be making a few phone calls to prospective tenants with who are interested in my room for rent. I downloaded the tenant screening interview docume...

I am no contractor by any means. 31 years old. I own 3 buildings (7 doors). I'm specifically asking my question surrounding my 3-unit residential building. I got a great price on it. Owned it for 2 years now. Cash flo...

Hi, (first post) I'm closing on a single family rental in 4 days and I've been trying to find out if depreciation is based on present value or my offer price. Its a foreclosure, estimated worth (after rehab) 195k and ...

Hi everyone, I just bought a 6 unit multifamily building in Somerville Massachusetts area (close to Harvard University). I am planning to redo all the bathrooms and kitchens for all units. This is an expensive area an...

I’ve been following the Bigger Pockets movement for a few months now and I’m getting closer and closer to making my leap into real estate. One road block/scare I’m facing is vacancy. Once I get the deal I want and hav...

Hi,My wife and I are moving (to West Palm Beach, FL) and want to buy our first multi-family home and live in one of the unit. I have a question regarding analyzing deals and would greatly appreciate some advice from t...

When a loan is sold from one bank to another.. is there any way to find out what was paid for the note.. I know when it is private sale it is recorded and can be seen on tax info.. but do the banks protect themselves ...

We recently updated the title on a house my family owns (removed dead trustee from title, etc) and then yesterday received a letter including a signed purchase offer from a broker.

The offer was all cash, 5 d...