A lot of talk and headlines of a looming recession is floating around so I was wondering if anyone had some tips on how to be prepared to handle one. I am not too worried about the value of real estate going down, at ...

Duplex $110,000
25% down
South Texas
Admin fee $680
Tax service $80
Origination fee $825
Processing fee $500
Underwriting fee $500
Appraisal,cedit report, doc preparation $1036
Escrow, survey, guaranty fee, T...

Hello,I am new to the real estate world and have come across a few articles and podcasts that have mentioned using a lawyer in certain situations. Is it recommended to have a lawyer prior to investing in any type of r...

Here's another tip for working with hard money lenders. Plan ahead. Give yourself some time to close your loan. Don’t wait until the last minute to try and find a lender. Find a lender or know who you will contact bef...

My dad has been kind enough to help me get started in investing in real estate. I know I need to discuss with a CPA but wanted to get some opinions on the best approach for my situation. He is going to give me all the...

Hi BP,In preparation of talking with a local realtor about a triplex I found, I wanted to know in addition to the below questions, is there anything else I may want to ask?1) Reason for sale?2) How long have you owned...

Hi All !!I currently own and rent a few SFR. Lets say I want to secure a commercial loan for a small apartment complex (Lets also say the selling price is around $900K and I put 50% down). Doesn't really matter. I sho...

Hi BPers:Can anyone please provide some assistance and/or direct me to references in working with agent/wholesaler.Basically, if you are presented with some deals by an agent from a wholesaler. Some questions are:1) ...

I'm currently living in a house that I want to convert to a rental.  I've been told by a couple accountants that I can have repairs done while I'm living here and still deduct them - that I can justify that these were...

Hello Fellow BPers,I just got in contract on a property from homesearch.com its a local forclosure and the seller is providing a owners title policy at their expense underwritten by first american title co. + I am pay...