Here is the scenario. The condo has a first mortgage for 156k with BofA and a second for 29k with Green
Tree. The loans are baked by Freddie Mac. The condo is only worth 50k at best and is rented for $895. PITi is @ $...

The Deal: A Mixed-Use Commercial Building is in pre-development. You're interested in two condominium units in the building as it is in an up and coming Metropolitan area with a pre-construction cost of $350,000 each ...

I am looking at purchasing a property and assuming a non-recourse Fannie Mae mortgage in place. Is there any way to get a second mortgage on the property?

I would like to withdrawal some money (~10k) from my 401k to help my mother purchase a property; is anyone familiar with this process? If you withdrawal money from your 401k are there penalties and/or taxes to pay? I ...

I have a question about property management companies because this came up with the company I use down in Tampa, FL.  My PM has done this for quite a while but I've only challenged them on it recently. When my tenant ...

Hi all,  I'm in contract on a house hack, using an FHA loan.  My lender's telling me that I need to make a one-year, advance payment on the homeowner's insurance to the lender (which holds that one-year payment in esc...

Hello,I am a new investor and I have a question for the BP community.  This year I will receive a sizable salary bonus from my employer.  Through our retirement program we have the ability to defer 100% of our bonus t...

Hi BP!  
We are doing our first rental in Baltimore City where we will be managing directly.   We've received the security deposit from our tenant and are trying to determine where to put it.  
I've read on maryland...

I have successfully completed a few single family home flips and have always had conventional loans. I am now planning to invest in a small to medium sized apartment complex out of state. I have found a few local cred...

Hoping this is the correct place for this. Apologies if it is not!

Hi, my name is John and I found Bigger Pockets a couple years back when I was looking to get into investment property’s. Unfortunately back then I wa...