Nicolas J
Is this funny or what
My wife and I are getting back into market again, and guess what her ex the "father" of my stepson. Was trying to tell me that owner financing was illegal and subject to was also illegal. The only thing that kept me f...
Tim Soto
Question About Deed & Note for Private Financing (Title/Escrow)
I have a question for seasoned title/escrow company reps or investors, who execute transactions using private financing. I am trying to modify an existing Note and Deed from the originating private lender. Originally,...
Patrick Philip
How do I accept backup offers?
I've had several instances where a house I had went under contract, and it ended up falling through for whatever reasons. Some of these were my fault... such as an inspections. But some of them were not. In one case, ...
Quinn Williams
Which state do I start my LLC?
Hi BP family
I live an Illinois but plan to purchase rental property out of state. Do I start my LLC in Illinois or the state I plan to purchase property?
Account Closed
Should I Scrub My Mailing List ???
I have a Absentee Owner list that I market to. I bought my original list about 2 years ago and every 6 months I re-run my list with the same criteria ( 18mth in the past or longer of last market sales date, 60%-100% e...
Sean Gallagher
Few simple newbie questions on assignment contract
1) At the very bottom where I would sign as the assignor should I sign my name as the registered agent of Prosperous Properties, LLC or should I just put my company name Prosperous Properties, LLC.
2) In a portion ...
Francis Dai
SAFE Act and the definition of primary residence
The SAFE Act states that a homeowner selling his primary residence does NOT need to employ a licensed mortgage originator.
What is the definition of primary residence?
If I buy a mobile home, move in, change the u...
Ricardo S.
Canceling PMI After the first year?
We own a house which we bought last December 2013 for $355,000 in Brooklyn New York. We put $50,000 for the down payment so the amount we owe is $305,000. We have PMI on your loan. our payment is about $2050 a month....
Latora Harris
Wrap-around crisis-Need advice
Hello,I have a motivated seller who has a difficult situation and I'm having difficulty coming up with a solution. The property was sold last year on a wrap around mortgage to the new owner. The deed was transferred o...
Adrian Chu
THE ULTIMATE SEATTLE HOUSE HACK (no, it is not renting out rooms)
This is a summary of learnings from a recent project I personally completed.
Steps involved:
1. Buy a home with a large backyard
2. Get permits to build a detached ADU (DADU)/backyard cottage in the backyard
3. ...