One of the person on bigger pockets found a house that was like 170k and had 90k left in loan and he made an offer of 55k and the bank accepted the 55k short sale... i am trying to do something similar, how can you te...

Hi everyone! Long time reader, first time poster. I found a property I'm interested in and I have some questions. The property is available via Sheriff Sale in Texas. While doing research, I found several "Notice ...

The countdown to 1 million forum posts just got a bit closer as we passed the 250,000 post milestone today!

I still remember the first post on the site 5+ years back, and really just want to thank...

I have a townhome property and the tenant is moving out the end of August.  We need to do some painting, minor wall repairs, tighten some doorknobs, wash and tighten the carpet, apparently it was not installed great. ...

Hello BPers. I got a call from a seller a couple days ago in the following situation......He and his wife bought a house in 2010 worth about 230K. The mother in-law gave them the majority of the money to pay for ...

Is it legal to rent by the room in Medford Massachusetts or not?

I called the city, the district court, consumer housing, every department out there and no one can answer me. I will consult with a lawyer but I though...

Scenario: RE Brokerage is set up as an LLC. Members of the LLC (not managing members and not licensed as agents or brokers) want to buy, sell, flip, etc properties some of which may be discovered through the RE broker...

I have an LLC that will be doing an all cash purchase of a 3 br 1 bath SFH. We are going to be fronting the cost to acquire the property but the GC that I have used for several years is going to cover the cost for reh...

Hello BP, do lenders look at and/or consider rental property income when applying for a loan? In other words, let's say I make 60K from my W-2 job and 5K from rental income annually. Do lenders even consider the 5K as...

Investment Info:

Condo buy & hold investment.

Purchase price: $271,627

Cash invested: $109,353

Beachfront condo in Puerto Penasco, Sonora, Mexico. Beautiful 2b/2b with a view of the ocean and bea...