Hey Folks,I'm in the market for my first property (investment and otherwise) and was on the phone with a loan officer earlier today. The original plan was that my parents would match my cash contribution and classify ...

Has anyone reviewed Mark Torok's "program" for taking title subject-to? I know that this mostly ties in with Phill Grove's AMPS program, but some of the folks I have talked with recently recommend it for informing th...

I just purchased some property where there are an abundance of mobile homes. Does anyone have any advice on whether turning the area into a mobile home park or just trying to put a few units on the property would be b...

So I'm looking for some advice on how to negotiate this deal.  I have come across a seller who has no mortgage on their investment property, lives over 2 hours away from the property, and is fed up with renting, and j...

I have an applicant interested in one of the flats in my duplex, who has a stable job as an engineer at a large company and makes over 70k a year. However his credit score is quite low (around 550), and it shows he ha...

If I have 2 rental properties and charging 1st, last, and security; can I take the last and security for both places (combined) and put them into a Bank of America savings account?In other words, I already have a chec...

Hello Everyone, I want to begin bidding on live auctions but I am completely new to this. I usually get my deals off of the MLS because I am a real estate agent, but the deals are drying up fast. How do I do my due di...

All, I got below quote from a contractor and it is much higher than expected. Would anyone be able to say, which components are overpriced?  This is for a rehab outside of Columbus, OH. Any help is appreciated. Irina

I currently have a few SFR's and MultiFamilies and have them all on commercial loans from 5-6% interest /  20 year / adjust every 5 years. I have contacted my lender and a few others that are local and am having a har...

Hi BP,I have found a Condo that I am analyzing. But maybe I'm using the calculator wrong? The listing price they want for it is $180,000. If they're willing and accept my offer of $150,000, I'll have a cash flowing pr...