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On October 22, the CFPB finalized targeted amendments to the Dodd-Frank Act mortgage rules that took effect in January 2014. The amendments include: Points and fees cure. Under the Ability-to-Repay/Qualified Mortgag...
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I said it years ago and I'll say it again: Hawaii is not a good place to invest in short-term rentals. They claim it has to do with the housing crisis, but I suspect they're being pushed by the hotels and resorts.I vi...
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Hello, my name is Jeff Kovac. My wife and I are Alaskan residents currently operating a small business in the oil fields of North Dakota. Found one of BP’s forums during a commercial real estate search. Checked out th...
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Hello: I'm looking to buy my first investment property to use as an income rental property. I see some properties in Baltimore MD on Druid Hill Avenue, which is in the neighborhood of Druid Heights. This is a Hist...
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So I quickly got a property under contract (my first wholesale deal!!) and Im trying to understand what my options are at closing...WITHOUT the original seller knowing that I just sold their house for more. There is t...
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So we all agree obvious PITA applicants are to be avoided. To those more experienced out there, how do you reject them without them claiming discrimination and suing you? I'd like to tell this applicant that "I'm rent...
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So I received a call for help on this scenario. Trying to figure out how it could work. Borrower faces foreclosure sale next week. He needs $19,000 to bring his first position loan current. He is living in the ho...
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Hi there. Closing today on my first investment property. Bought it sight-unseen from the bank. Curious on how you would approach this situation? I will be able to knock on the door for the first time, later today!!
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