Hello BP,

What exactly is a letter of authorization? I believe is used to give you access to have a title search done on a property but I'm not sure. Can someone clear this up for me.

When purchasing a home using an owner occupant loan, Do you have to sleep at that house every day? I know it is a weird question. Here is the scenario, my lender has approved of renting my rooms out through an owner o...

I have an off market opportunity for a home at 1.3m that could sell between 1.5 and 1.6m. The house does not need any work done. Basically parking my money in this house until I can sell it. Reason for the 6 month per...

Need an opinion on what type of loan would be best for my situation and any advice you might have as I am 23F and only recently started looking into investment properties. I am currently looking at a house in the Lake...

I currently have a condo in FL under I purchased using a 10% down payment JUMBO loan on a second home. The loan has a higher than normal interest rate and a 5/1 Arm.

I purchased the property in February and estimate...

Last year I house hacked a triplex and got a conventional loan for 5% down because it would be my primary residence.When applying for a new loan looking to do the same thing this year, I'm being told the highest loan ...

We recently bought a new house and moved out of our old house, leaving it vacant. We're having a hard time making the numbers work selling it as is. If we were able to put 10-15k into it (paint, trim, carpet, small ou...

Hello everyone! Context: I am co-borrowing with my brother. We bought a duplex in Reading, PA, with the intention to house hack it. We got this house through a conventional loan because my brother already owns his own...

What happens if the contract is signed to buy a house for $120,000 but the house only appraises for $105,000. the home is being purchased with a conventional loan. the lender will not lend more than that. but if the s...

I'm coming into some money from my divorce. Even though I've owned my marital home, I still qualify for first time home buyers loans. I'm really torn if I should buy the home I'm renting BEFORE I buy a multi family re...