Hello BP Family,I am submitting an offer on a property this week. This is a duplex unit. I have recently been inform from my lender that Fannie Mae requires a 25% minimum down payment. I originally was planning on 15%...

I have been evaluating real estate deals for flip properties & rental property opportunities and have been struggling with estimating the repair costs for properties that are stripped or are requiring more work th...

I have a tenant who’s lease is up at the end of the month. The previous landlord had added an addendum to the lease stating that if the house were to sell during the tenant’s stay, the lease would revert to month to m...

If I purchase a house with cash, how soon would a bank allow me to do a cash out I''ve been told six months, but I"m hoping this is not the case. 

Does anyone know what the IRS's standards are for releasing tax liens on properties that are underwater?

I've got an approval on a property at $605K that appraises at $830K. The outstanding first mortgage is over $1...

Hello!
I am in the process of evaluating different financing options and am having trouble understanding the rules for owner occupied loans. I plan on buying a buy-and-hold single family rental that will need some wo...

I just closed on my first deal last week and already thing about my next. I am buying property to rent. I don't want to get too ahead of myself and was wondering what would be a considered a reasonable amount of time ...

BP,

I’m looking to purchase a property when the current renters move out in June. I can make the purchase with my business partner’s credit card (12%), the property will be in my name (he doesn’t want to do b...

Hi all, I have a tenant that has sought out local government assistance to help him pay his rent. He said they are asking me to provide a W9 landlord certification. I have all of my properties in my own name at prese...

Looking for insights on evaluating this asset.   Outside of understanding the revenue generated per sq/ft and the current lease agreements and terms, is there anything the BP fam would suggest?