Hi BP Community,Can you provide some guidance on the best way to purchase a rental property given the below scenario? Thanks!4 Partners planning to purchase rental property using conventional financing. Our lender has...

I’m not sure if this has been posted here before, but wanted to briefly share this information we found out regarding FHA. As a military member we have exceptions to the normal occupancy rule. Check it out:

“FHA loan...

I'm looking at some properties and getting ready to respond to an agent.  He stated that, 'he won't show the property without a letter from the bank or proof of funds.' I have a few options of where the funds will com...

Hey guys, first off thanks for taking the time and providing feedback. I got a very surprising response from a lender for a property that I'm in contract for. Short background, I own 3 properties... two of them multi ...

I am working with a realtor on my first purchase.  I told him I only have 15K to put down and needed help finding different ways to fund it. I am a first time home buyer so I can put the 3.5% down with an FHA loan.
I...

Hey BP, I am almost ready to present a Subject-To offer to a prospective seller and this question popped up in my mind: If the seller agrees to the deal and a couple years from now is able to buy a new property, how w...

Thinking about utilizing the CARES ACT to pull 100k from my current 401k to purchase my first real estate investment property. There’s no 10% penalty right now and the tax pay back is three years. This has never happe...

Hey guys looking for some info. I got a call from a homeowner looking to sell their property that had a fire recently. Im going to check it out this week. I own a few properties at this point but never purchased a hou...

Hey guys, I was just curious- on the first mobile I flipped I went downtown and filed the paperwork my self for purchase...which obviously saved some money. But was a huge hassle. The next one I used a title company f...