Hey guys! I was hoping that someone could explain closing costs and FHA. I know I can get a property for 3.5% with PMI if I use FHA status. If closing costs are assumed to be 4% (I saw that as the realtor.com assumpti...

Have seen or heard from a few lenders on RE websites who claim they don't charge any points on their loans, just interest. One in particular irked me. Here are the terms: 18% on the amount borrowed -- but it's c...

The tenant suddenly stopped paying rent, claimed 'banking glitch' and squatted for 6 months while we worked through the evictions process. The court ordered the tenant to pay back-owed rent plus interest. 2 years pass...

Hi All,

My offer was accepted for a new property and I got everything right except the insurance. The insurance agent complained about something, which I fixed. But their quotes are way off the chart. That will com...

Investment Info:

Townhouse buy & hold investment.

Purchase price: $111,000

Cash invested: $125,000

Sale price: $270,000

Purchased and house hacked my first family home. Paid off loan in 3 yea...

Hey BP! I have a question for my lenders out there. I have a friend that I just taught amortization to as he is trying to quickly pay off his mother's FHA loan to remove a co-signer, then cash out refi (yes, I explain...

Looking to start out in Pre-foreclosure short selling. I'm going to get a front site up and start posting ads in my area. I had a few questions regarding pre-foreclosure.

I've been reading some books on the subject,...

My wife and I just welcomed our newborn baby to the world and my wife is currently on maternity leave. She is getting paid while on maternity leave through EDD. We would like to start investing in his future and was w...

Hello I'm excited to be here as I'm just starting out and I'm eager to learn how to get bigger pockets. :D I just attended a 3 day seminar with Kory Thurston as our instructor. They offer an Elite Diamond member packa...

I purchased a home sub2 that was a pre foreclose. The bank is offering 2 options for modification. I pay $14k and keep 3.5% interested rate and $1900 payment or no upfront payment put interest go to 7% with $2500 paym...