For most loans with multiple borrowers, Fannie Mae will no longer use the representative ( = lower) credit score to confirm mortgage loans comply with their minimum 620 credit score requirement. For these loans, Fanni...

I’m currently researching to find the best fit for me. After speaking briefly with an attorney that’s represented me in the past, “bond for deed” was recommended. My interest is Lease option assignment… Trying to unde...

BP family, I wanted to get a different set of eyes on this. We purchased a new build in 2020 as our primary residence. We moved out in late July of this year because of the military, and planned on using the home as a...

Greetings BP Community,

Was hoping if any experience loan investors could help me out with some questions I came across when evaluation a loan for sale on auction.com

1) Basically, I am bidding for the 1st position...

I'm hoping to find more information about a seller receiving a 1099 and being responsible for income taxes for the difference between the sale price and the outstanding mortgage during a short sale. Does this always t...

I have a very flexible private money lender who is willing to provide funds to acquire a house at auction.  The intention would be to perform any necessary rehab once the title has been cleared to get it rent-ready an...

Looking to connect and learn from people in Washington State who buy and sell RE notes. Reach out to me as I want to learn more about this business.Thanks,

Hello,I recently came across an opportunity that I'm hoping to take advantage of.  A local non-profit holds the mortgages for a few properties occupied by low-income residents.  The primary representative servicing th...

Hello,We are trying to refinance however, lenders are asking that we request a payoff or subordination of a lien held by HUD. We would like to know if you would recommend that we challenge the lien based on the follow...

How does one identify trends and opportunities in the note industry? I've been reading articles and searching Google but nothing of significance comes up. How does one go about finding data? Is there a national financ...