Can I lend to a customer who wants to remodel their primary residence using their primary residence AND adjacent property as collateral? They have a first mortgage (FHA) with very little equity and own the second piec...

I could be wrong because the US tax code is very confusing, but how much do certain expenses like property tax, or property management fees matter if you can write them off? Im not sure if there is some sort of cap, b...

Hello BP Community,Wallethub just named Fort Myers, Florida the fastest-growing city in the USA.  Cape Coral was ranked number 24.  Wallethub StoryHaving only lived for extended periods in two very different cities, P...

I've been having a hard time finding a clear answer on this so maybe someone who knows Section 8 in California can help.  Let's say a Section 8 tenant has been living in a property for over a year (actually 3 years - ...

I lease rooms in my home on a month to month basis and I terminated a least effective 4/30/2018.  I gave written notice 26 days ahead of time and followed up with a text as well as personal conversations.  My concern ...

HiI have got this great house recently that I would like to flip. I am going to be GC for the rehab. My question to more experienced folks is do I get more accurate bid if I first demo myself so everything is clear fo...

Ok, i am sure the title of this question looks pretty dumb...

I am hearing sad stories about people up here in New York that had Hurricane insurance but did not have flood insurance and therefore were not protected w...

First post here :)
Quick question on how DTI is calculated for a salaried employee (paid every two weeks) who also receives bonuses/commissions.
I know that every lender will be different, but as I understand it one...

How much weight do you put in these numbers? Do you use these numbers at all or are they completely useless?

I would love your advice. Should I keep this property or dump it?I have a condo in Algonquin Illinois (3 bed, 2 bath, 1890 sq/ft) that I had bought for $265k in 2006. The current comps for this property are around 185...