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Hey BP community! I've been wondering a bit more about seller financing as of recently (thanks to Pace Morby's ep). My question is if a person owns a property (rental) and they seller finance instead of selling the pr...
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We have just made our first claim after major water damage in a rental. The insurance company deducted nearly 6K off the payout for depreciation? This makes no sense to us and we have never heard of it before. Is th...
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Hi all, I just received the below term options on a DSCR new purchase loan (780 credit score). I'm curious to learn if these seem in the reasonable range including the fee amounts. I'd also like to ask if the rate di...
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Hi,In a lease option assignment, how does the seller account for the option fee (that was assigned to me, the investor) on the HUD1? I mean, the full purchase price will be on the HUD1 along with the option fee (which...
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Anyone been doing these or been wanting to do one? Seems like a no brainer but not seeing many folks doing it.
I have a rental property that’s is valued at $85,000 and owe $58,000 on. I have a 30 year loan with quicken loan at a 5.625 interest rate. I currently pay $800( principal and interest, tax, insurance, and pmi) for my ...
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Hello all I know im late to the party with this question but I was wondering if there is anyone here familiar with the process of land aquisition with the intention of building a apartment complex after..it is alread...
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Hey BP, I just got pre-approved for a HML, just have to cover closing costs and the rest of the purchase price; looking to do a flip, not under contract. I am currently comparing 2 different zipcodes to invest in. Zip...
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My wife is a newer Realtor. She earned a commission on the purchase of OUR house that closed on December 30, 2016. However because it was our house she forgot to pick the check up at closing...it was a busy day. So...
Hi
I'm looking to buy a 2nd rental property out of state in Ohio. I'm trying to figure out a way to put little to no money down for the loan. I can't do FHA since I wont be living in the property. I wanted to get a ...