Doing my first deal in the States in a small community. Sellers have their heart in the deal and wanting more than anyone seems to be willing to pay. Asking price is 59,500 and I offered 55K. They came back with count...

Hi BP,

I just rented my property and I'm not getting a lot of return back because I pay $ 911 for the mortgage and I have the property rented for $ 1100. I also pay a property manager %10 of the rent. Is it better...

My question is directed at the lenders here on BP.

I understand we've learned the lessons of liars, high LTV, and ARM loans and have retrenched to a more sane and traditional lending practices, but, with the continue...

Since the credit crisis of 2008 and 2009, homeowners and prospective homeowners with bad credit, have had a hard time obtaining home loans. Although the credit limits were lowered for FHA loans, many high net worth...

I bought a multi-family property 2 years ago in long island, ny for 437k and is now valued at 600k. The property cash flows about $600 a month, if everything is going well. However, I was wondering if it makes sense t...

I was studying material provided by Brian Gibbons last night on Money Section.  I haven't finished reading yet, but noted the following questions while I was reading:1.  Is it practical to do Subject To on HOA Liens? ...

Hello BPers,Does anyone have any good leads on banks that might be willing to extend me a line of credit if I deposit money into their bank? Is anyone doing this in LA for property investment?My broker I'm working wit...

Hello all!I'm curious to know if there are any rules of thumb or rough estimates for costs involved with submetering a building for utilities. The apartment building I'm conducting diligence on is an 8 unit in which u...

Hi all! We have a paid out rental that generates a net $1400+/mo that’s worth about $235k. We want to purchase a $140k fixer we’ve identified by using a Cash-Out Refinance of $170k (30 for rehab). ARV is like $215-22...

Hello BP,I own my primary home and have about 20% equity on it. i.e. Loan: $200k, House worth: $240kCan I refinance it over the $240k? I could then pay off loan, and get the 40k equity in cash. Next I could use the $4...