Hi my name is Lavaud and i aspire to be a real estate investor (buying and holding). I have read a few books by now ( The millionaire's mind by T. Harv Eker, Think and Grow rich by Napoleon Hill, The Richest man in Ba...

I was denied a loan to purchase an investment property using quicken loans.  They said the property value must be greater than the loan amount, have a low income to debt ratio, and have enough reserves.
The property ...

I purchased an old two family in a great neighborhood with large property for its location (NYC). My plan was to rent it out for 3 years and begin to rehab it and make it a single family home. I currently rent both un...

My wife and I have been renters for 14 years, despite above average income. We want to get our first house together. What can we do to get started? We both work 2 jobs, just to keep in the same place, not moving forwa...

I recently looked at a 1996 singlewide MH and found out from the neighbor the HVAC unit didn't work. I deliberated too long about what to do about the problem and the unit sold before I made a decision so now I have s...

Hi everyone,  quick question,  I'm putting an offer in on a REO property today and bank is requiring a proof of funds letter.  I've provided one to other banks before for other purchases but is it a good idea to only ...

I have been doing some research on cash back at closing. I have found different opinions as to the legality of such transactions. What I am consistently finding is the purchase price is inflated fraudulently so the ...

Hi Everyone, this is my first post on the BP forums but I’ve been an advid real estate and financial bookworm the past year and a half. I’ve read a plethora of books by T. Harv Eker, Robert Kiyosaki, Napoleon Hill, Br...

According to Tom Bay’s book, Look Within or Do Without, Harvard Business School did a study on how well its students were doing financially 10 years after they graduated. Here’s what he found:

•27% needed financial a...