Hi BP, I'm hoping to get some advice from you BP members who are experienced with 1031 Exchanges. Background:I just made an offer on an 80 unit apartment building. I will be assuming the existing mortgage on the prope...

Can anyone recommend a lender and contractor experienced with the 203K loan process in Rhode Island? A lender and contractor who have worked on an FHA 203K loan recently? I'm looking for multiple recommendations so pl...

Hi everyone,

I stumbled upon BP while researching a company my friend recommended: HomeUnion

I'm excited to read success stories that allow people to have financial freedom and pursue what they like. My goal is to d...

If a lender has the first and the second on a property does the lender ever foreclose on the both loans or foreclose on just the second? Or do they always just foreclose on the first and consider the second a loss? ...

Hello all, and thank you in advance for any responses.  I'm looking at my potential first deal, and want to run thenumbers by everyone to see if it's even worth pursuing.  The property is a triplex, each unit is 2/1, ...

Hi, I placed a bid on a shortsale.  The mortgage is by TFC.  My agent told me this bank does  not give a dime for relocation.   I feel bad for the seller for she was expecting $10,000 to move out. Well, I also feel ba...

Hi BP,

So a pretty simple question.. Has anyone out there put more money down on a potential buy and hold deal in order to make the deal cash flow properly? For example, let's say I'm looking at a duplex that cash fl...

What's your intentions with credit challenged buyers?

Do you have an exit strategy for them?

Is there a fortune to be made?

Hey folks,If an owner has given tenants on a month-to-month lease a 60 day notice to terminate tenancy and then I buy that property before that 60 days is up, is the time period still counting down from when the notic...

Can you pull out equity on a new-build home after 6mo. to a year from purchase date if the only equity in the new house is coming from the down payment (which is well over 20% of the house value)?