Hello BP Community,My father-in-law would like to gift my wife and I his cabin.  He doesn't care what we do with it (keep it and enjoy it or sell it).  He owes on his mortgage about half the value of the cabin.  We wo...

Hi everyone! What a great community! I am a first time poster newbie real estate investor form Delaware. We have one small 2 bed 1 bath rental house that used to be our primary residence, but now we are renting it out...

Here is my situation.

I purchased a new home in Aug 06 and like many people who try to keep up with the Jones' I chose a house that I could "afford" but just barely. Now a year + later, I'm in a position to where th...

hi,

i bought a rental condo for 160k and its a down in price around 130k. its rented out and it covers my mortgage, taxes, fees and costs. I was looking to refinance to lower the month payment on my mortgage, but I t...

Rent totals annualized $44,250Expenses Annualized $18,968NOI $25,281Asking is $350,000 (5 units) all 1 bedrooms Not much room for value add. Building is solid. 2 units have tenants that have been there 20 plus year...

Hi all - I hope I am not double posting. I posted some info on this property already, but I can't find where I posted it & don't know where to search - still new to the site - so please forgive me if it's a doub...

What is the best state to file an LLC for investments? I've heard different things (home state, Texas, Delaware, Nevada, Wyoming) online and from other peers but not sure if it differs specifically for RE investing. I...

Had a deal to do a short sale with HSBC as the lender, When they found out I was an investor they wanted me to change the contract into my own name and then resubmitted. I did it, then they said that because I was goi...

If I owned a house and wanted to show proof that someone else is paying the mortgage on the house. Would a Lease Option be the best bet?, you know apart from maybe a bank statement. Because I have a $190K house on my ...

Hello everyone!First ever post :)I'm super excited to be closing on my first rental property on Monday and wanted some advice to prepare and start this new chapter as a landlord. Looking for some feedback or advice on...