A bit of a backstory. A couple of years ago following the death of my father, my mother transferred ownership of a property in another state to me and my wife by way of quit claim deed. I did not put much thought in...
So my cousin is a lender, had a client call him. She has a property in Oregon, she bought with a hard money lender. I'll keep it short. Basically she is in default with the hard money lender, he wants to foreclose on ...
I have a couple posts on here regarding our situation so I am not going to go into detail on this post. I was wondering how I go about finding an investor, experienced in purchasing REO's, negotiating for the best pri...
I have a duplex in upstate NY, renting out the upper and living in the lower. We have minimum qualification standards in place and let everyone interested know about them. I know we cannot tell people not to apply for...
I have done a lot of research about this, and what I know isn't a lot.
I know I can't have more than one FHA loan at a time and I have to live in the FHA loaned home. I currently have an FHA loan on my home. My inter...
Hey guys I'm not sure how to handle this situation. Monday I'm closing on my first rental property. I'll be profiting $1000 each month after expenses. I'm super excited. The problem comes with the rental property my s...
SO. i've been thinking about getting my RE license mostly to find and write my own deals but I've been busy juggling life. In the meantime we found another house for sale and are considering selling our house FSBO. ...
Just closed on a Duplex in Cleveland Ohio. When setting up insurance with a broker the company with the best rates does no allow for pitbulls. Well my tenant has a pit and two chihuahuas. He is on month to month payin...
I recently met with a lender and this topic came up. The lender recommended I do not start with a single family home because it will raise questions from lenders when it comes to house hacking my second home. Lenders ...
Hello BP Fam
I would like to ask your opinions (again) regarding another house here in Houston Tx. The property is a 5br/2bath
2032 sq ft house. The house is currently being lived in by the owner. It needs roof, plu...