Ralph Corgain
Direct mail
9 February 2016 | 2 replies
Plus the website was started by a fellow RE investor and BP member!
Nate S.
Investing in Multifamily in Union City NJ
29 August 2017 | 30 replies
Hope my fellow BP'ers can help, as I am having some issues. 1) given the property being sold as-is and after pulling OPRA report from the city it seems the property has several opened violations/penalties2) I tried speak to the city building department about how I can resolve these violation: " illegal basement apartment" and "no permits for additional unit built in the back of the house" - fines are in hundreds of thousands and have been outstanding for couple of yearsCan you please advise if anyone know anyone who can assist with getting these questions resolved ?
John Hrvatin
SFH on the market but Foreclosing...
6 December 2015 | 2 replies
If the property does go to auction how do I get more info on the auction date and if it has liens...etc?
Gilberto Watson
new member from omaha, nebraska
28 September 2016 | 16 replies
Hello My fellow investors in Omaha, Nebraska.
Clifton Kaderli
Website and list source www.currentforeclosures.com
1 September 2017 | 8 replies
What I have experienced is that most databases for foreclosures like Realtytrac, Zillow, and others are very unreliable and out of date.
Uri Robinson
Enthusiastic Newbie in the DC Metro Area
8 December 2015 | 16 replies
@Uri Robinson I dont invest in Hagerstown....but fellow BP member @Andrew Michael has a duplex there.The downtown area is actually probably the worst neighborhood in Hagerstown for some reason.
Account Closed
Are these good ARM loan options?
10 December 2015 | 2 replies
A) 5/1 ARM – 20-year Term; Up to 30-year AmortizationInterest Rate Options:1) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.00% + 1 point2) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.50% + 0 pointPresently: L5 Resi Owner-Occupied 5/1 ARM No Point Product is set at 2.50% therefore, the CML Non-Owner Occupied 5/1 ARM rate would be1) 2.50% +1.00% = 3.50% +1 point2) 2.50% +1.50% = 4.00% + 0 pointTerm: Max: 20 yearsAmortization: Up to 30 yearsFloor: The initial rate on the transaction will be established as the Floor rate for the life of the loan.Repricing: At the end of the initial 5-year period, the interest rate would reset to the then 1-year T-Bill Rate (Index) plus 325 basis points (margin)No prepayment penalties requiredInterest Rate Repricing Caps: 2% +/- at each change date; 5% +/- over life of the loanClosing fees: Utilize mortgage calculator fee scheduleStandard commercial real estate loan underwriting guidelines are required (i.e.
Christopher Collins
Eviction before tenant is in default?
7 December 2015 | 18 replies
If you have a written lease, it automatically ends at the specified date on the lease.
Jake Ebanks
How do you do a tax deed?
9 December 2015 | 4 replies
Hey Jake-First off, good job starting early thinking about investing, when I was your age my focus was on girls-and they won't make you wealthy, especially when you are dating.