I have done some renovations studied architecture know my way around NYC DOB etc worked a first career in tech and finance but so far no luck in this endeavor - I thought I would have an edge after I had to work with ...

I am currently purchasing a property that has a Freddie Mac loan assumption available with 4.82% rate, 9 years remaining and 30 years amortization. The income and LTV can cover another 2nd loan as well. I am wondering...

I want to see if anyone has a process when they find a property that they like. I want to know how I should submit my offer and if I should use a hand written offer or do I need to send them a form saying my offer. wh...

The sellers agent/property manager told me that they would provide leases and such from the current tenants upon closing and would transfer the money from tenants deposits (they didn’t collect last months rent) from t...

Hi all, I am in feasibility period and walking through every unit for physical inspection. The building is built in 1970s and I am wondering other than foundation and slab what are the most important things that I nee...

We are just starting with our investment in real estate. We identified and entered into contract to purchase a property that would break even with the 30% downpayment that we are putting down. Naturally we were exc...

Hi BP Community,So my wife and I are in escrow for our first duplex purchase. The financing option was:1) 5% owner occupied2) 25% investment purchase with 5% from us and were going to get the remaining 20% down from m...

Hello BP Family,I just started managing my first investment property, and I cannot find the answer to how to handle holdover tenants and new tenant leases? If a tenant is supposed to leave by the end of the month and ...

I have 8 separate 5 yr fixed rate mortgages (and P.notes) that the same bank (in Wisconsin) has made to two of my LLC's and secured each loan on a separate property.  I personally g/tee these loans.
Rates have moved ...

I have a tenant interested in one of my units for rent.  She mentioned that it would be her and her bf and proceeded to tell me her bf has misdemeanors and parole violation.  When I raised doubts saying that that woul...