Hello,My husband and I are planning on purchasing his parents’ home and renting it out. The home in its current condition would sell for roughly $325K on the open market. His parents are planning to sell it to us for ...

For those of you who do not an alert set up for whenever news breaks about the new tax bill, details are coming out about what will be contained in the final version of the bill (coming out of committee).Here are the ...

I currently have multiple properties that I'm looking for hard money to rehab. My problem is both projects are under 50k each. I can't seem to find any lenders that lend under 50k in NY. Does anyone know of any lender...

Hello Everyone,My name is Rod Smith and I live in Jefferson County Birmingham, AL. I am looking to get into my first tax lien auction in May. I bought a tax lien list and there are no tax prices on it, so I was wonder...

I have a question that I am hopeful someone here will know.  For tax purposes, the real estate professional designation is something that is very helpful if you are an investor.  Would a home inspector be able to clai...

Hello BP family, I hope all is going well with everyone. The reason for my posting this evening is to state my current situation and see if anyone could give me some words of wisdom and/or direction so that I can proc...

I was wondering if anyone could describe to me about what it's like in Michigan. I am interested in buying a house that is about a mile away from the nearest neighbor or store, but can drive to supermarkets, etc., and...

I recently got a HELOC (about three months ago) on a rental property and the appraiser undervalued the property by around $20,000 (significant since it was valued at 54K vs. the 75K that similar properties in similar ...

OK, so I have a note that is paying me $199.54 per month.

I have offered to sell 12 of those payments to an investor at 8.0% interest.

So if:

N = 12
I = 0.67
PMT = 199.54
FV = 0
PV = $2293.87

So, in order for the ...

For those who have purchased hotels or apartment complexes. What’s the average liquid capital needed for something that size? Curiosity question mainly to satisfy my wonder of whether or not I want to venture down tha...