I'm getting ready to close soon but I need some assistance on how the insurance works. I saw Grant Kemp say that the new buyer goes down as "insured" and seller goes down as "additional insured." What happens to the i...
"New HUD Policy Could Give Short-Sale Investors a Huge New Advantage!"
by Cory Barnett
Everyone knows that the government doesn’t like to lose money, and now the Federal Housing Association (FHA) has upped the ante ...
I'm still learning the ins & outs of real estate investing and excited to get in to my first deal. I plan to use the equity I've built up in my primary residence to finance the deal. Now all I need is the deal! ...
Hey y'all! I am looking at a PNL report for an apartment complex, and I am confused about a couple things. These might seem like dumb questions, but hey, I'm brand new to this! 1. What is the depreciation expense?...
I'm new so maybe you just need to point me somewhere, but here's my question: How do you get the Lender to take the Property!! It's been 20 months since our previous renters left it needing extensive cosmetic repair...
Hello All,I'm looking at a 4 unit building. I'm hoping to get a residential mortgage on this property and I believe you can get one for up to 4 units. However, there is a large amount of unfinished space in the buil...
I have been making the loan payment plus the next months principal payment in order to cut the 30 year loan down to 15. Can I make 2 months principal payments and cut it down to 10 years? Thanks.
Hello BiggerPockets friends,I guess I need some help in understanding the benefit and strategic advantage of cashing out appreciation on a property and using it to buy another property.If I appraise a property, I am b...
Good day! I need suggestions on crafting a sub 2 deal. How can I negotiate to buy a house that didn't sell at $749k on the open market, subject to the existing mortgage with cash over, seller pay the broker fee and ...
Good Day!! I trust all is well with everyone!! I'm a newbie investor in the middle of a deal on my first property and needs some advice. I'll summarize the situation as much as I can- Have $50K in Heloc, $15 K in sav...