Hi, I am asking a question for my father, his only income is social security, he gets $975 a month. He sold a collector car he's had for more than a year last month and he's made a capital gain of 30k, he wants to kno...

Tenants in the lower income group have a hard time with these fees. However tenants who hope to rent a home with a rent of $2500 a month or more, do not consider these fees too much.What is the right fee for Tenant sc...

I had interest only hard money every month of the year last year, am I able to write it off as regular mortgage interest?

a investor wants to partner with me on a flip they will provide the funds and i will rehab. they asked this question, are you offering equity or paying a fixed rate of return ? What are your splits ? not sure how to a...

Hello there BP land!
I am in the final home stretch of an intense 1857 historic rehab. We have been going since may and are down to just refinishing the floors and a few final touches. I hired a guy who came with dec...

Hi All,Are there any rules to raising the listed rent price after it has been listed and you've received applications on the property?  I think that the rental estimates are too low for the amount of interest I've rec...

Working on negotiating/buying a 3 unit MFP with 3 tenants in place.  How is 'first month' rent treated with a purchase?If we close May 31st, do I get the June rent?  If we close June 1st, should I use the "extra" $$ t...

This is my first post to the BP forum. I’m a newbie here and have spent the past several weeks reading, learning, and listening as much as I can! I haven’t officially introduced myself yet, since my husband and I will...

Reading through FNMA rules for cash-out refinance, and don't see the rule anymore where you have to use delayed financing rule only for 5-10 (which we don't meet)?  It looks like we can now get a cash-out refinance on...

Hello BP,

This is a late post but I wanted to gather the intelligence of the community on an issue I'm fighting with consciously. I know there are several alternatives to this but I wanted people's input. So I have a...