For the first time in years, Americans are seeing their homes as investments.
The American Dream of homeownership—having a place to call your own—may not have dissipated during the housing crisis, but the con...
So just got an appraisal back on a renovated duplex I'm financing. The appraisal came in lower than I was hoping for and upon digging into it, the appraiser used 3 comps. The breakdown consists of:Comp 1- A property w...
I am interested in property that has been flipped by an investment company, its been on the market for about 50 days with no offers. It is a nice home but I believe it is over priced for the area. Should I offer 14% l...
Can a renter add contingencies in a lease to allow them to break a lease early? For example, as a renter, could I tell the landlord to add a contingency in the lease that allows me to break the lease with 30-day notic...
I was just wondering if buying properties and rehabbing them would be a good way to transition into becoming a residential developer eventually?
I am selling a house and have 11 offers. The house was listed for $170k. Leading two offers are below. What would you choose or counter?$180k-FHA loan 3.5% down no request for warranty or closing costs. Buyers agent o...
I was recently in escrow to purchase a fourplex via FHA but fell out because the property didn't meet the self sufficiency ratio. The underwriter calculated the self sufficiency ratio by taking 85% of the gross income...
This can be tricky to figure out especially if you currently have rental property and write off a lot on your taxes.
One great question to ask your lender is what is their debt to income allowance for a conve...
Hello BP Members,Hopefully I can resolve my issue in a passive matter. My partner and I have a property we purchase one year ago. It's a multi family with 3 apartments and 2 commercial. We have not been on the same pa...
Hi friends,My aunt is selling her house, and she would like to sell it to me if I am interested in. But first, let me tell you guys a little bit about her situation:1. Her house has 1 bedroom, 1 bath, and a finished b...