Udaya P.
PPI (Payment Protection Insurance) Policy ?
Can BP experts educate me on PPI policy ?How does this work ? Who does this protect ?How the premium is calculated ?I am trying to work with private lender and he needs me to buy PPI policy, before funding.Is this nor...
Dominic Inglese
Due on sale clause insurance
Hello, I am looking to do a seller finance subject too combo deal. We are looking for an insurance company that would provide us with a due on sale clause protection policy. Any referrals would really help us secure t...
Philip Mankins
Tenant still moving out day after lease end
Hi All-Pardon this long post: I had new tenants moving in yesterday morning at 9 am. They were coming from out of state so I had made assurances that the place would be ready. I made assurances because the depart...
Brandon Galloway
Builder “Materials Escalation Clause”
Question for Realtors or anyone who has recently bought a home in this market. Have your clients been stung by an escalation clause? I am looking to go under contract with a Pacesetter home soon and was advised there’...
Chad Kastel
What to do if seller can't verify cash payments?How not to offen?
Hello BP,I'm under contract for a 10-unit in NY state. The seller has leases in place for all the units. However some of the units pay in cash. They are not verified on the owner's tax return. The concerning part is...
Andrew Angerer
BRRRR simple explanation.
New people, If any of you are having problems understanding the BRRRR method, I found this super simple explanation for it. It has helped me out a ton, hopefully it helps you too. Please explain like I'm stupid (becau...
John Peters
Mortgage loan to buy a foreclosed house
Hi,
I’m 27,m, single, no kids, 733+ FICO score (1yr of history), zero debt, ~30k annual income & no permanent resident card (on visa). I believe i will get the card eventually, but rn i don’t have the papers to a...
Sherrice Baines
Multiple Wholesalers On One Deal
Good Morning all!
I have a deal that has a total of 3 wholesalers. What is the best way to assure everything goes smoothly? Example: One wholesaler gave me (Also a wholesaler) a property for to market to my i...
Joel Evers
Trucking Terminal Deal
Looking for insights on evaluating this asset. Outside of understanding the revenue generated per sq/ft and the current lease agreements and terms, is there anything the BP fam would suggest?
Michelle Chevalier
Thoughts on Debt/Income ratio on a joint lease
I am going to start this question by saying that I am completely green to being a landlord and I am looking for my first tenant. I have two girls, unrelated, looking to rent my house. They would be on a joint lease to...