I'm researching commercial loans and how they work. I understand that a majority of them carry a 5 year balloon AND an amortization period (usually 30 years). What's the purpose of having the balloon payment? If I ref...

I will be closing on my condo in FT Lauderdale in just under 4 weeks.  It looks like my condo assoc. has wind insurance.  I will be on the 2nd floor.  Do I need flood insurance?  The property is 2.73 miles from the oc...

Greetings,
I have a quick question regarding wholesaling. Once I have a property under contract, should I contact the title company to start preliminary title work, or, should I wait until a buyer is in place, then, ...

I've been getting some great responses here so I thought i'd pose this.

My plan is to buy a mutli-family 4 or less, with #'s that work.

I currently own my own home, have a mortgage out for about 60% of the property....

I will be making my first offer on a couple of properties sometime next week and had a question or two. This will be a master lease offer (LOI). I know I will offer on the current state of the property (NOI and Averag...

I purchased all of my properties on 30 year fixed mortgages (no pre-pay penalty).  I've read in many places in the BP forums and elsewhere that I should now aggressively attack the debt I carry with prepayments (debt ...

Hello BP, I'm looking to purchase a duplex in San Antonio, TX with a partner. We are trying to set up an entity to buy-and-hold this property and I'm unsure if the best method for this is a Series LLC or a C corp. I'm...

Hi Guys!I have heard it’s possible to have a property management company without a real estate broker license. (I have heard of a possibility to outsource your real estate activities)I would really look forward in hea...

So after years of studying real estate investment (and also years in site development) I have what I think is a nice deal put together/under contract, and it looks good to me! So why when I show it to potential invest...

I was in the process of purchasing a REO, had conventional financing but was in the process of switching it to a FNMA Homestyle loan due to the appraisal calling for repairs before closing. Then my lender contacts me ...