My banker gave me a call and said the bank had repossessed 100 homes from a group who was buying them for cash for under market value, refinancing with the bank at market value, and using the equity to buy more. Event...
Hello everyone , i would like to make my unit section 8 .i have contact city of Chicago they phone is disconet . i contact and send a email to cha i didt get answer too. The web side its hard to navigate and find inst...
Hey All! For those of you starting out, it seems like terms and equations for rental properties is like speaking another language, especially if you are not good at math. I typically type these guides up myself but w...
Just curious, on the percentage of tenants cause problems. Could be property damage, breaking leases, evictions etc.
The housing prices in most places seem to be rising now. It seems like most sellers want to wait to see what the market will be down the road and most don't seem interested in doing lease options now.
Will this mak...
Hey BP folks; Here's my situation. Me and Girlfriend are preapproved for 1,000,000 in loan together, I have 125,000$ to 140,000$ liquid cash to be used as down payment on whatever property we chose to purchase. Just l...
Helllooo BP,
Hypothetical question.. If I were to purchase a property "subject-to" from a motivated seller and 6 months down the line the original owner wants to purchase another property that he/she will be ...
I'd like to find out if there is a maximum amount of mortage interest that one is allowed to write off of income taxes in any given year.
I'm a newbie and here's my situation:
I'm a farily new lawyer (48 yrs old, un...
I'm a fairly new investor and my father is a bit of a seasoned real estate professional that remembers the days of lenders loaning money to anyone with a pulse (and even some without a pulse). He continues to tell ...
I started out posting a response to a "how to get started question"...then after a frenzy of typing I realized that it deserved a post of it's own....
I try to post answers like I would have liked to see when I was s...