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Hello BP!
I own a home through an FHA loan. I rent out the spare bedrooms, which covers the mortgage, taxes, insurance, and repair reserve. It doesn't cash flow beyond that, but that was not my goal when I purchased ...
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I am an investor in Cleveland, OH.
When opening a boarding home, the city requires you to attain a permit.
Now If your home is in the proper district, and everything is up to code, can the city deny me a permit be...
Here is the story, ..... We currently have 5 rental properties with a contract on a vacation rental at the beach. We started out getting rental properties when our oldest son was about to attend college. With eleven...
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I have my first property under contract. The contract amount is for 200k for a fixer in my area. Now that I have it I am sooo nervous as to what to do next. All the info I have read is exploding in my head. I want...
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Howdy from Waco, Texas! If I get a seller to sell me their house "subject to" and the seller passes away while I am still making the payments on their behalf, what happens to the note? What if I have owner financed t...
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So my wife and I have moved out of our old home about 3 months ago and sadly we are still the owners of that old home so needless to say I am paying 2 mortgages ( not fun ). I have an agent who brought me their clien...
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I recently bought a [Federal Agency] foreclosed property. The property is on a huge city lot (small acreage) and was a "hoarder" house, and according to the agent, the bid for the external cleanup was substantial, bu...
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We flip a fair amount of properties every year and from time to time we complete the buy-rehab-sell transaction within 90 days. When that occurs, the lenders appraiser will usually ask for a list of repairs to jus...
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For a 3-bed, 2-bath house in Sutton, MA (good school system), if I screen very carefully (high credit score, work history, no evictions, etc.), please describe for me the worst-case scenario for an eviction process if...
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What's up BP family?!?!? Currently looking at a deal in Houston Texas and am working on an ARV for this property. I'm seeking a little advice, I know how to determine ARV but am a little confused on how to comp out a ...