Clay Sellers
Am I trying too hard?
I have a seller in his 80s. He is behind 30K in mortgage and has a 40K lien on his home. Current mortgage balance is 600k (not including the arrears-30K) with a 3.5% 30 year fixed, payment $2700. (It's in So. Californ...
Allen Lopez
Does my wife need to be on the tittle?
So I have 10% for a down payment, my parents are going to give me another 10%, my plan was similar my to buy a house, live in it for a year, and after rent it out. I recently got married in the state of Florida. The p...
Sean Rhodes
Property owner will not disclose
I am currently living in Portland, OR. And I am in putting offers in On multi family properties in Louisiana. So I have been negotiating on a duplex for 50k and I finally agree to pay 50k and so I ask them about the d...
Brady Boyer
Tenant Screening Diligence when buying
I have a 4 plex under contract in York, PA and currently all 4 units are leased. As part of my diligence I requested the credit checks, background checks, and rental applications from the current landlord. He refuse...
Ash Kumar
primary home is in forbearance as i moved out ,divorcing SC 29715
The primary home is on me and soon to be ex wife. I plan to move on buy a new home and my current frannie freddie lenders wouldn't lend while a home on my name is in forbearance. I have few rentals that are cash-flowi...
Melody Dodderer
Rental Assistance for Injury
One of my tenants just got into a motorcycle accident and broke his arm. Washington state doesn't require you to have insurance on motorcycles, so he was uninsured. He works in construction, so he is unable to work at...
James Devoe
Need Help...Is this a good Deal?
Hi everyone, I need help with this...My wife and I are looking to do our first house-hack but we can't get a mortgage due to our debt-to-income ratio (most of our income comes from our design business that has only be...
Christian Flanders
Tax implications for cash-out refi of an investment property
Hello!I am planning to do a cash out-refinance from my investment property to fund the down payment on a primary residence. Will the interest I pay on the refi be tax deductible since it is being used to purchase a pr...
Ryan Svedin
Brush Town vs Corktown Neighborhood for investment property
Hi,Very new to BP and real estate investing. I am looking to purchase my first investment property and have been looking into Detroit. It seems that Corktown is one of the best neighborhoods to visit / live in due to ...
Bryce Jamison
Do you Match your Preapproval amount to your Offer?
On a recent episode of the BP podcast David Greene recommended matching the amount on your preapproval letter to match the offer price so a listing agent doesn't automatically think they can get more from you. This se...