Hi all,I've read a lot so far about this topic and the more I read and see the restrictions I don't know if it's something I want to venture into. It was a nice thought at first reading of avoiding capital gaines but ...

I am purchasing my first investment property. Rather than use the realtor’s suggested lender, who said he could close in less than 30 days but took a week to get me an application, I chose to use one that I have a rel...

Hey BP,Here is the background before I get to the main problems and why I am now feeling "uncomfortable."I closed on a property in January of this year.  It was a cash deal and everything went smoothly.  I am now in t...

I want to purchase a multi-family home using my VA loan. How much total cash on hand is recommended to have before buying? Say I want to purchase a property worth 300,000 - 400,000, what is a reasonable amount of cash...

Hi BP,

Long time lurker - great site here. I'm a newbie investor, currently about a month into my first property "adventure". This site has been a wonderful resource working through the entire process. Hav...

I decided to go with my agent's "recommended" lender and didn't think anything of it as the numbers seemed within reason. I get an email about 1 week ago (3 weeks from closing) from a large bank asking if I needed a q...

Looking into purchasing a duplex for 175k. However, closing cost are  exactly what I have in cash 20k. I was planing on doing renovation to the first floor as the second floor is ready to go. This will be all done thr...

It looks like there is a good chance my end buyer may not come through with financing for some reason.

In my assignment contract it says" Closing is to occur on or before August 7th."

However, a title guy I spoke w...

So I’m looking at an ideal split level conversion property. But, I don’t want to run the risk of sitting with a vacant property for two months after I purchase. It’s move in ready and rentable. To give myself ultimate...

Hey BP,

I'm new to real estate investing, and wanted to get some opinions on closing costs.

I have already bought and sold a primary residence, prior to really getting into doing it as an investment. Made a profit, ...