2nd position loan questions
How do you insure you mitigate the risk of not being paid back?
For me I use;
2nd lien on target property or cross collateral property deed of trust
JV agreement
Promissory Note
Pers...

I wanted to reach out to the BP community and lean on you for advice and to learn. I have a client (I'm a licensed RE agent) who's home I am selling. I was just approached from a neighbor who is interested purchasin...

Hi all;

Just found out about this site the other day. Looks to be pretty good, I'm all for helping each other around the problems in life. I have 25+ years as a landlord and have been seller financing my own deals fo...

Have known a guy for many years and he has been a handyman for me off and on since owning rentals.

He did some really stupid things and is now a convicted felon and on parole. Know he is wanting work. Is ther...

We recently received a low appraisal on a home that needed significant work.  The appraiser used homes that were 2-4 miles away from the subject property - in Montgomery, AL that is a long distance and the neighborhoo...

Hey folks,I'm looking at a tax deed sale in CA.  There is one particular property I would like to buy before the auction.  Here is the rub:Property is held in title by a Partnership: Johnson and Cooper PropertiesOne p...

Hey All,

So I've decided to rent out my property. I'm moving out 8/1 so I listed it on the high side to start at 2k/mo. A guy came in with his girlfriend and looked at it yesterday and the most he can do is 1900/m...

Hi,we recently changed property managers after having the same one for several years. We started to have issues i.e. checks were starting to come in late, hard to get in touch with, and so forth so we were happy to he...

Hello every one, I'm trying to analyze an existing property that I've owned for the last five years.  This is my one and only property and I need to make sure I'm not  fooling myself about how much cash flow there is ...

Can't seem to find this thru search. In researching tax liens for upcoming tax sales - what happens if the property is in a bank foreclosure process that has already begun? property tax liens take precedence over all ...