Hi, I’m looking to invest in Kansas City, MO, and started calling the local banks, the first few I called have 3-5 year fixed rates then convert to arms. Before I call every bank can you tell me if this is normal or ...

The property i bough have brand new roof installed this year up to miami dade hurricane code. But the 4 points and wind mitigation inspection report show it is membrane roof rather shingle. Will this increase my premi...

I have been buying like a drunken sailor for the past two years because of low interest rates. I had four loans at various interest rates under 5%. They were 5 year arms with 15 year amortizations because I went with ...

Hi, I 'm looking at a SFR for a first rental property. I was running numbers and trying to get an idea about APR on a 15 year loan with 30% down. The purchase price is $48,500. The calculator kept returning "no produc...

I have all my money in one property that I'm trying to flip going through escrow now and wont close til late December . I have no money to put down on next project to flip . How do I find finances with absolutely no...

I just secured a long term tenant for my commercial building which should generate $72k/yr for 10 years. It appraised at $770k. I was offered $950k to buy it with the tenant in place. I owe $350k on the Mortage. Shoul...

I am looking at a commercial property for $260k. It currently has 3 commercial buildings plus four additional multi family lots. If I purchase I intend to build four fourplexes (over a 4 yr period). Also two of the cu...

Hi BP,New to the forums. Great information here. I live in Washington DC and moved here 4 years ago. I bought a home in a “hot” neighborhood and got a great deal on it. I renovated the home (cost me 40k) and after a r...

Hello BP, family about a year ago I closed on my first deal. This is the horror story to follow.A check was sent to me from my closing attorney's office.  The check was sent back to their office due to them having the...

I've recently spoke with a loan officer from a local mortgage company in my market and explained to him that I wanted to get pre approved for a FHA loan. He asked me why I wanted to go with FHA instead of conventional...