Hi:I am planning to rent my first property that I fully own. I am leaning towards 1 mil in liability insurance and 2 mil in umbrella as my rental asset is worth about 250k. I don’t plan to do an LLC right now since I ...

New to learning wholesaling. In a purchase agreement contract, What’s the inspection period clause about? How does that get me out of a contract within that time frame? 

So I am buying a property through a wholesaler, I already put down 7k of earnest money on the property, a hard money lender who I am working with (and got from the bigger pockets lists) asked for a "Good Faith Deposit...

I'm currently buying a property upstate NY. I entered into a contract in May 2018 and the close is next week. It's a 5 unit building where at the time of signing, 2 of the units were rented to long-term tenants (I thi...

HUD overhauls 1974 law requiring "good faith estimate" of mortgage costs, including lenders' payments to mortgage brokers.

http://www.newsday.com/business/ny-bc-mortgagerules1112nov12,0,1627120.story

:cool:

I saw a town house on redfin for $129K but the property history is strange.It was sold in 1972 for $18,095.Then it was sold in 1974 for $18133.It was listed for sale for $126.9K just last month.It sold on May 12th but...

Seems very negative 24/7 in the media While the economy seems to continue to improve. 

Lesson learned: Found what appeared to be a duplex by driving around looking for something else. Researched the property and it was for sale. Listed price, $53k. I ran comps for the area. SFH's were selling for $110K ...

I'm trying to get a mortgage on my triplex.  I was referred to a mortgage broker in NYC, and I've been working with him.  Before I get to the point no return, I wanted to see if anyone here knows him, and has worked w...

Short story and one question. In the middle of a sale of my parents condo and it's been 5 months and we have not closed due to title companie's lack of communication, instruction and then bringing an outside attorney ...