Brandon Burrows
Bought a house “as is” what is mine?
I’m in escrow on a house where the owner ran out of money during the remodel. The inside is a complete mess, demo materials scattered all over the place and all kinds of stuff that I’m sure he intends to leave. Howeve...
Mitch Kline
New Investor Business Structure Options
Hi Everyone,Looking for some advice on business structuring as I am currently under contract for my first investment property.Situation: My brother and I have decided to partner up and tackle real estate investing tog...
Al Liao
timeline for renting first home then moving to another
Hi BPWhat are the general best practices with renting out a current home as we transition into our next? We have about 3 weeks till our closing date so in a perfect world, we would start the tenant finding process and...
Nicholas Salman
What is an FHA loan and how can it be an advantage?
An FHA loan is a government loan through Fannie Mae that is mostly geared towards first time home buyers. Some lenders vary on minimum credit score, avg being a minimum of 620 credit score3.5% downDTI ultimately up t...
Manav Wadhwa
Mortgage for second home and any tax implications
Hello,I currently own a home that I live in and is my primary residence. I have found a (rental) property that I plan to buy in another city.My question is can I get mortgage on that property as my primary residence (...
Justin Kruse
1st time homeowner in LA, making home my primary and rent to travelers
Good morning everyone. I am a first time home owner in Los Angeles and just opened escrow on a major fixer house across the street from a major hospital. I’m looking to converting the garage into a JDU. There is also ...
James Reynolds
Creative Deal - Need Advice/Expertise
Can someone please advise on the best way to proceed with a creative deal. I will try to be as concise as possible:-Owner/seller is willing to sell me distressed vacant property for 250k (numbers are hypothetical)-Own...
Haiyang A.
Can't submit offer to homepath property within firstlook period
I'm looking at a property on homepath.com that is still within First Look period (3 days left). I contacted the listing agent, and she told me that the property went pending today. She also said that she see no reason...
Josh Dane
Fannie Mae Homepath Question
I am looking to purchase a Fannie Mae Homepath property as an owner occupant. My question is whether or not I can ever lease this property out, and if so, how long must I live in it until I can lease it out?
Thanks g...
Jessica Hood
Can't find a land loan for 11 acres in North Carolina
Hello, friends! I haven't been on here for a while. We sold our last foreclosure flip last year and bought some land to build a new house on. So I have not had much to report.We purchased our land via owner financin...