Hi All - I’m a new member but my wife and I have been following this board for some time and really appreciate all the great conversations! I finally have a question worth signing up and posting :)We recently sold ou...

BP Fellows,

When utilizing the Assignment of Mortgage Payments (AMP) or Subject To strategies, is it realistic that a Lender will call the note?

If so, can someone provide a testimonial about it.

In addition, if ...

BL: Purchased HUD property Dec 2013 for $32k, rehab costs and expenses were$34k. thats 66k cash of my own money in the deal. The good thing is that I dont have any holding costs other than utilities and property taxes...

Hello BP Community, I'd like to get your opinion on a situation. I found a property that was marketed for sale while I was on a home inspection of another property just a few doors down the street. I contacted the sel...

How tough are y'all non guests that leave the home a bit of a mess?  We've rented our personal residence out a number of times and each time the home has been pretty spotless on our return.  We just purchased a full t...

What are some things to look for when purchasing a home that has been unoccupied for several years (4)? Considering the utilities will not be on, how do you know the pipes are ok, fixtures, electric/ heat works whe...

I know there are threads about utilities etc already but I am in an interesting situation and looking for some feedback.I moved out of state and the tenants in my house intend to buy it after leasing for one year.I am...

Hey Guys!  I'm closing on my first Multi Family in Mass and I'm told I can't close in an LLC because the banks will not give financing to an LLC (even if I co-sign or guarantee the loan).  I have had some people tell ...

This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...

Property manager is holding security deposit (several thousand dollars) in

escrow. Landlord makes claims against a large portion of security
deposit upon tenant moving out. Tenant disputes the claims. Propert...