I am going to buy my first property and the bank approved $140K with 25% down. Loan amount will be $105K. But bank total charges will be $4,452.47 (1533.47 prepaid item and closing cost $2,919.00. Is this reasonable c...

The closing date on my house was 3/31/2017.  When can I sell the house and avoid paying capital gains?

Quick question regarding attorney representation...I am under contract on a lake house, using an attorney local to the property. I have obtained financing from a local bank as well, who will be utilizing the same atto...

In the process of getting prequalified for a FHA loan and I've been talking back and forth with a real estate agent (known her since I was a kid). I asked her how much usually is closing cost and she said 6%. Is this ...

Hi BP, I found a property thats supposed to be foreclosed on next month due to behind taxes...I reached out to the owners basically the owner is deceased and didnt leave a will no wife or kids...only a brother and a s...

I work out of a Property Management firm in Tampa.  I help quite a few investors sell their rental properties when they are ready to offload.  I also help quite a few new and experienced investors purchase rental prop...

Background:Multi-family large single home in B-/C+ neighborhood with decent school district that has 5 under-rented units (~10-15% under market).  Listed for sale outside Philadelphia suburbs for $325k (with rent roll...

Today in episode 777, David said something very interesting (and frightening) about transferring a property that has a mortgage to an LLC.He said that if interest rates rise, banks can use certain clauses in the mortg...

Hello BP community,    I have an idea that may sound for some pretty idiotic / risky / not worth it etc,..  So, I would like to share with you all , hoping experienced or not,  everyone comments on this.. Open to all ...

For all of the wholesalers out there, what do you prefer; assignments or double closings?