That is better that the alternative. 

(The problem is that most modern houses are too expensive for my price range and there are a lot of old houses for sale and that leads me to think that the demand is low for those houses.)Flipping seems like an alternative but because I don’t live in my hometown, it could be a burden to do everything through the phone.Any recommendations?

The reason is that actual balances are not public records data, so your only other alternatives to getting it from the owner are to call their lender and pretend to be them (illegal), or get access to their credit report (likely illegal too unless you get borrowers permission and at that point you might as well just ask for their statements).With that out of the way, the question then becomes how can you best guess at their balance.

Hey BP nation,As you know short term rentals are incredibly popular now but are also very controversial and hard to find clarity since most research just leads to proposed laws or lengthy legal mumbo jumbo.I was hoping a Realtor in the area can clarify what the current laws are as of now in these parts of central Floridaor a site that clearly states the laws as of now.

People here have turned to boats as an alternative to crazy high rent and some even use it as Air BnB

Good Morning BP members.  Would it be difficult to ask what your opinions are on this situation.  The seller and I (buyer) agreed to purchase his single family home for $109,000.  When the home inspection was done, th...

Alternatively, I am thinking of moving out of state where property values are cheaper than California so that I can buy 3 to 4 single family houses and make around $2,000 a month.

Hi Scouts TPO roofing is a very good alternative for conventional roofing systems.TPO can withstand extreme weather conditions.

Oh boy.These deals might have been popular some years ago, but they won't fly anymore.

My Tracks has been discontinued - anyone have a new alternative?