I just bought my first property and will be taking out a loan for $115,200. I am torn between a 15 year mortgage at a lower rate and a 30 year mortgage. A 15 year mortgage costs $60,000 less in interest but reduces my...

Hello,I have a couple of questions i would like to ask about using a Hard Money Lender and a Private Money Lender.  First i would like to know at the closing does the hard money or private lender also go to the closin...

I have been investing in real estate on an off for more than 12 years and become much more active in the last year.  A former co-worker as well as an acquaintance recently approached me about partnering up on some dea...

I have been looking around in the lms and have found that most hoa fees include insurance. My confusion is should an additional  insurance amount be taken into account when calculating expenses or the insurance provid...

Hi Everyone,After scrimping and saving for four years, we've been able to pay off the mortgages on two properties we own. Our concern is that two homes free and clear could become a substantial financial target if we ...

Hey BP long time lurker here! Need some help clearing up some question. I'm looking to get a HELOC to fund a separate addition that I plan to rent out.
I recently applied through a big bank and was declined due to h...

I have a tenant buyer for a lease purchase property. She's supposed to pay $6000 for option deposit, but I allowed her to moved in with $1100 option deposit only and let her catch up $800/mo on 15th of each month unti...

Investment Info:
Single-family residence buy & hold investment in Prairie View.

Purchase price: $110,000

Cash invested: $155,000

This property is my first in the real estate investing world. It...

ow do/can I get financing?!?!? Recently I paid cash for a property using a $51K line of credit. So far, only minor repairs and needing new paint have to be completed. The property is 1 apartment within a quadplex. I r...

Hi BP Community, 
I've had a very successful house-hack in the property I currently live in and am wanting to buy another home (close by) and repeat the process while continuing to rent my current home by the room ev...