Hello everyone, I'm considering using a heloc for a downpayment on my first property, however every time I run the numbers through the rental property calculator, the monthly cash flow in usually under  $100. I unders...

HI All,I just put in an offer for a home at $136,000.  My Realtor assured me based on comps it would appraise for well over $100,000, so I signed a contingency stating I would make up the difference if it under apprai...

I made a deal with two highly motivated sellers, they're ready to go.  I threw in a low number for both places and now we're moving forward. This is an incredible deal as I was able to get well below 70% and am excite...

Hey BP! Got a question for ya.  Will try to be as detailed as I can be which may make this post long, but I dont like when you are asked a question but dont have all the information to give your most educated response...

My contract with my property managers requires my approval for any expense over $500. For the second time, an expense for well over $500 has been payed without my consent. It was in response to a potential emergency s...

A brief overview.40-year old S-Corp with a stable history and no past financial problems.  Assets: $700K-$1M.  Debts: Zero.  Vast majority of assets are commercial, with less than 10% SFR.  Clean, complete books and a...

Hello everyone.I have a question which need some helps. My current tenants are termianting the lease early. They have renewed an one year term little over three months ago, but have bought a house in late August.In th...

Hi BP Members,I just got my first property under contract! I am excited about this , but concerned at the same time. I've also lost my sleep over this for past 2 days.Here's why.As soon as I presented the contract to ...

Hello,I need your feedback please. The prospect tenant is a single mom living with 2 teenagers. She is working and taking master degree as well. I just use the recommended link to run her credit score check. The resul...

Hello. I've been through hell and back with my latest flip. Purchased it a year ago and went through a major renovation (added 2 bedrooms and a completely new bath for example). Come to the end of the project 2 days a...