“Well you can always just state your intent is to make it a primary residence. Once you get the property then whatever, life happens you may change your mind if you catch my drift” - this was followed by a laugh.

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Question for everyone out there.I am trying to buy my first home and had a question on the mortgage loan application. Is it better to put down that you pay a certain amount for rent or will it be better to put down no...

Hi, my uncle and his partner bought a rehab property with cash for 50k, rehabbed it and now its worth around 120k. I'm looking for a rental property, so they have offered me this deal:

Sell it to me for 100k. So th...

I'm currently in the midst of acquiring a multi-family property and have a question regarding taking an FHA loan out but not really "living" at one of the units. See, I currently live alone with my parents and would p...

(Sorry to some as this is a repost, I posted it in the wrong Forum originally)Hi All,I want to start this conversation out by explaining a little bit about myself and my goals, and hopefully through that I can spark a...

Do you have to report all maintenance expenses on a duplex or apartment building on your tax return?  I understand I would pay more taxes if I did not report all the expenses.  However, my DTI looks better for qualify...

We are buying with a second home mortgage. We intend to use the home personally when we can but primarily for STR. Our plan was to quit claim deed the house from the bank to an LLC after closing but we know there’s a ...

Hello everyone,Here is my situation:I bought my house about three years ago. After living in it for almost a year I was able to build a nice chunk of equity so I decided to take a Home Equity Line of Credit. After bei...

Hi BP Community,
My friend is running into what I see as legal issues. The situation is as follows:
She purchased a property as a primary residence and took out a conventional 30 year loan for mortgage on it. There'...

The fraud in the rental application market now is unreal. I am careful not to give the fraudsters too much information, because if they have half a brain they improve their application when they apply for the next ho...