Michael Baradell
Tenant Screening: Bad Credit: 2X security or First and Last
Hey BP!!I am curious on your thoughts. If you have a tenant applicant who is qualified in all aspects except they have bad credit due to medical, would you require first months rent AND 2X securit deposit or First, La...
Tracy Sharpe
The Interest Rate on your Investment can Make you or Break you
When my wife and I purchased 5 homes between 2005/2006, we knew that interest rates were important, but at that time, we were just happy that we could purchase 5 investment properties, especially when many people thou...
Troy Welch
Legal Advice-1st Position Lender, Borrower Filed Ch 11 Bankruptcy
I have invested a large sum of money with a company (individual with
LLC) who has filed chapter 11 bankruptcy. I am the 1st position. I was
prepaid 1st 6 months of interest. 8 months have passed and no
additio...
Jacob Barnhart
What happens if the market declines, preventing a refi. on a brrr
Basically If I get a short term loan in order to pay for a property and then a year later go to the bank to get the refinance to pay back the loan... what if the market declines or for some other reason I can no longe...
Casey York
What to do after purchasing a non performing note?
I found a property that has been vacant for over 10 years, in a very good neighborhood. Last known occupant went through a divorce and bankruptcy at same time. Paper trail was long but I finally found the current owne...
Dale Osborn
House to Condo
Last year when we got a MHP in WA, there were 2 houses inside the MHP. I want to convert these to condo units. Sell the house and rent back the land (lot rent) just like the unit was a mobile home. Does anyone have th...
Paul Vang
Refi into a Conventional - Help me understand this
Is it possible to refi from an FHA to a conventional loan? I'm into year 6 and have not reached year 7 yet. I've had a foreclosure in the past. I want to figure out how to get my second home but I'm stuck. Any ad...
Account Closed
Private Lender from California
I am proud member of Boaz Capital Group LLC. Here is information about our company.Boaz Capital Group is a group of six families. We are dedicated to providing education and practical application of financially respo...
Rick McGeeney
Can a newbie with recent bankruptcy to get started in REI?
Can a newbie with a recent bankruptcy and no money get started in REI? How does he/she get started? How do you find financing for your first deal? Lost a deal that could have been $2000+ a month in income, but coul...
George Dean
Don Konipol
I thought this needed its own post:
Don said in a post...: thanks Don for your expert input on BP.
"The notes secured by owner occupied property have many strings attached, laws, regulations, etc. most far reaching...