I did a quick search and did not see anything recent that matches this. If someone knows of a good thread, drop a link here.Otherwise, lets discuss what people do to negotiate PGs. What is considered normal or accepta...

I have a house in Toledo, Ohio that I’m trying to get over the line with section 8 inspection.My contractor (who I know and trust) did significant work to ensure the house was up to code.The first scheduled inspection...

HELP! HELP! Please somebody help me!
Three years ago I was completely debt free.:D: Then I bought my house at below the market value – 165K. It appraised 180K the day I purchased it. Then I used credit cards to do ...

Hi BP Family,I have a very pressing situation that I'm facing right now with one of my tenants. The tenant is section 8, and all the rent comes from their voucher, they don't pay anything themselves. We inherited them...

I have a question about foreclosures. I know that in most states, when a property is foreclosed and goes to the courthouse auction and you are the high bidder, you own the house that day. In Michigan, if someone doesn...

March of this year I had a conversation with my Uncle that consisted of terms like "1030 exchange" and "gross rent" and other terms I had no clue what they meant.  He sent me a few podcasts from this website I had nev...

Is anyone getting the homeowner to sign over a Quit Claim Deed to you? If so, are you then able to negotiate directly with the bank to get the mortgage reduced?

This would be like a Subject-2 transaction, so...

Hey everyone, I will try keep this short and to the point. I'm looking to buy one of the properties I manage. This is a 4 unit building. Rough numbers (still negotiating) 500k sale price. 100k down. 3 year balloon. We...

House was abandoned for 6 months and has a reverse mortgage $370K but FMV is around $220.  For purpose of negotiating with lender:1.  Should I get reports/estimates from both Inspector and GC?   2. Should I leave it i...

I may have a deal with a short sale.  I can run the numbers, but what happens to the current owners when they do a short sale?  Will there be any long lasting negative effects to their credit?  Anything else negative ...