You should see the rent going in, the expenses going out, the debt service being made, capital improvements being made and the waterfall to the investor; and follow those numbers from start to finish. 

hi everybody as you know i've been a BP member for a while now so that means i have some insight as to what the markets are offering on a daily bases and now i've come to the area of where i need to find where the market is for selling mortgages similar to how you would list your home well i need mortgage listings that are non performing and performing i wonder if the mortgage servicers that are owned by the banks or that operate on the beneficiaries behalf know anything about this?

I have been attending the INREIA which is more information driven than pitching products and services.

Weina,Your SSN and EIN are two separate things and I would highly recommend that you keep them that way.Yes - Get an EIN for the LLC and use that in all communications with the IRS, Contractors, Tenants, Service Providers, etc.NO - Do NOT give your SSN to anyone that does not have 'right' to it (e.g.

Just wondering for non-performing note investors, does your servicer send the 45/30/15 day forced place insurance letters or do they have you do it?

My debt service is about $540 per month.Any thoughts? 

It's really easy for someone to take advantage of someone who they've never met, or at the very least, give them less than stellar service.

I originally planned on staging the house, but my agent suggested it would make it an easy target for thieves breaking into a vacant house (unfortunately it is that type of area).He did bring up the idea of virtual staging, a service where you send in your photos and they populate them with furnishing and decor that look totally realistic (I looked at a few samples).

As long as you can retrieve Deed of Sale from mdlandrec.com (free service) you can access the Deed and use the actual close date to begin your clock to 91 days before ratification. 

Services You Cannot Shop For= $2,504 APPRAISAL $575 CREDIT REPORT FEE $75 FHA UPFRONT MIP $1,522 FLOOD CERTIFICATION FEE $7 IRS TRANSCRIPT FEE $20 TITLE – BINDER $15 TITLE – ENDORSEMENTS (LENDERS) $40 TITLE – LENDERS TITLE INSURANCE $250C.