I have a HML funding 100 percent of the purchase price and Rehab. Should I get a second lender to fund for the interest payments? For the HML?

Hello,

I’m looking to possibly build a cookie-cutter/basic, small apartment complex (10-20 units, one level, no basements, etc.) in a local town. The cost of living and the population is fairly low (5000 people in th...

Sold commercial office. Now in a 1031.I have a few weeks left on my identify period. After years to think about it, I have just a few weeks to get a deal in place.The years of thinking about it process, strongly persu...

Can someone tell me what happens when a mortgagor files bankruptcy before a foreclosure auction takes place. Is the mortgage wiped out? What generally happens to the property securing the loan?Thank you

Thanks for any thoughts on these three issues. Sorry this is so long.We recently purchased a 2 apartment/1 commercial multi-use property that we discovered needs a lot of work. With the property we inherited 1 tenant ...

Hello everyone,I am an aspiring real estate investor specifically looking to rehab/flip or rent. Since I am new to real estate, I acquired my Florida Real Estate Salespersons License in order to earn while I learn. I ...

Dear all,First-time poster here, but longtime reader who really appreciates the wisdom shared on this forum. We have been trying to rent out a townhouse in Northern Virginia  near DC by ourselves since November. Many ...

Hello there!I'm live in Federal Way, WashingtonWant to buy and hold a house for the first time. like most people, I want to get out of the rat race by doing the famous House Hacking I already got in touch with a realt...

Hello Everybody!I am new but old to BP as I originally joined back in the middle of 2014 and was following along until I began searching for a new job (Engineering)that was closer to home (was commuting Chicago to Aur...

My father has a reverse mortgage on his home. I don't know much about them.The home is in relatively good shape but there is some definite deferred maintenance needed like a kitchen/bathroom remodel, removing the wall...