When mortgaging or refinancing property, there are three types of mortgage options that you can choose from. These are the three basic mortgage options:
1. Fixed Rate Mortgages
2. Adjustable Rate Mortgages
3. Balloon ...

I need to write a letter of intent for a multi-family property (246 units) in North Carolina. Does anyone have a template or bullet point sheet on items to include? Thank you for your help.

I'm trying to come up with a Marketing Plan/Budget as a new Realtor and I'm wondering what the profesional opinion is.

I've heard that a Realtor should spend 10% of their income, do you find this to be true?

Ho...

Townhouse listed for $129k, I think they will come down to about $115-120k. I just viewed it, it's move in ready. Rent will be $1100, HOA $250, taxes $1200. The retail value is $145k or more, but... The legal descr...

Currently my flat roof itself doesn’t look old yet. No patch jobs anywhere so My former inspector concluded it might last another 4~5 years more but that was 10 months ago, when I purchased this property.  But the fl...

Hey BP,

I'm new to real estate investing, and wanted to get some opinions on closing costs.

I have already bought and sold a primary residence, prior to really getting into doing it as an investment. Made a profit, ...

Hello BP,I am looking at a rooming house that is currently rented to students. The house is located at 850m from the University, but it is located 1.5hours from my city. House Description (Currently):13 rooms with 13 ...

BP Community,I recently learned about the strategy of "driving for dollars" on a BP podcast. Love the idea. My question is, once you find a home that is abandoned, how do you go about finding who owns the property so ...

I've been flagging ads that are obviously not rentals in the area where they are listed. These ads have low rents listed! And most times the descriptions do not match the pictures posted. I am positive they are spam a...

So I've had a couple of duplexes in Cincinnati I've found through an inheritance list yellow letter campaign. Is it possible to owner-finance a duplex, rent it out for a year and refinance with a bank?orIf I do owner-...