I have been applying for new loans to buy another property but my debt to income ratio is high because of my existing mortgage on a 4plex. If my 4plex was owned by a trust or LLC would I still have this problem since ...

I live in Texas and am working  on using the equity in my home to get a loan and construct a garage apartment to rent out and try my hand at land-lording. I understand that most banks like to use this formula: (Value ...

I just came across this in another forum, this is dated Oct 8, but I can't find anything here on BP. anyone know anythig about it?

Bank of America (And Its Executives) to be Tried by Jury

In an ominous, one sentence...

Hello everyone,I currently work / live in New York City area. My goal is to purchase a duplex for rental investment in the next 12-18 months. Given the market I'm in, if I want to start rental investment I will have t...

I wanted to get some thoughts on the following deal I am looking at:

The owner has verbally said he wants $60,000. I have not received any records of expenses yet. The owner is an older gentleman who is sick of the...

Hi All,I am a newbie to business (been a RE investor for a while) and need advice from folks on this forum.I am currently in a dead end but decent paying job that I desperately wish to leave.I am evaluating a business...

On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...

I made an offer on a property that is considered a boarding house. It is a small row home in Philadelphia that is broken up into three rooms. The only common areas are the bathroom and the kitchen and the backyard. Th...

Buying a investment property single family home with tenant in rent control city.purchase price $290k, rent $1300 per month.  The property needs repairs such as roof replacement, window replacement and so on.   The l...

My direct marketing has primarily attracted sellers with "mild" interest in selling or sellers curious about what I would pay for their property. The intention here is not to create a discussion about the qu...