Hi all, we closed on our first rental property today (a duplex), and have read all we could preparing for the transition. We have a vacant unit that should be easy to fill, and tenant on a month to month lease. This i...

Need any feedback or advice from someone who used their 401k to invest in their own company. I know I can get a loan (50% or up to $50k) but ideally I would like to have access to the entire amount without triggering ...

Hi Guys - new member here. In fact, this is my first post! I just sold my company and looking to reinvest the proceeds in to cash flow investments to generate the cash flow my business will no longer be paying me. My ...

We are considering selling a home to a tenant of many years. She is also the daughter of a family friend. I realize that causes problems right there. We have talked  as a group and believe that a loan services is t...

Interested in possibly switching lenders. Current lender wants $2100 in origination fees on a $135k loan. Interest rate is 3.625% for 30 years. This is non-owner-occupied and being done through personal (not busine...

Good evening BP Community,I am starting out investing in real estate and I am trying to create a good partnership deal with a family member that is willing to relocate and use a FHA loan for a 2-4 unit home. What are ...

I have an applicant who requires a cosigner, so they had a parent submitted all of the paperwork for review.  The credit report came back and they did not meet the minimum requirements.  Now they would like to use the...

In the ongoing saga of potential tenant eviction in Virginia I've run across something I'm unsure about. I understand the lawsuit must stop if the tenant pays everything that's listed on the unlawful detainer summons,...

I have just received my first call and looking for some advise. I am trying to do my due diligence and do things the right way. I have collected some call script info on BP and elsewhere online but would love to hear ...

Ok, I will give a little background on the scenario and ask my question at the end.I have an extremely motivated seller who needs to unload a property prior to the sheriff sale in September.  The seller inherited some...