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Results (1419)
Maria T. Torres What are some key tips and common pitfalls to avoid when closing a residential loan?
11 September 2024 | 5 replies

I’m about to close on a residential property and want to ensure everything goes smoothly. I’ve reviewed my Closing Disclosure and gathered all necessary documents, but I’d love to hear from those who have been through...

Matt Morgan Parents battling foreclosure for years
12 March 2024 | 21 replies

My parents built a home in 1999. It's appraised at 430k. They have been battling foreclosure for well over 5 years. Just barely scrapping by to keep the loan current the best they possibly can.They owe $141k on the fi...

Robert Burns 1st Probate Deal
30 August 2010 | 3 replies

I was on vacation this weekend and was talking to someone who's wife is involved in a probate settlement of some property. He said they need to sell the house quickly and the attorney is asking $130K and the house is...

Greg Gerald Auctions and Financing (Short Sale)
10 April 2009 | 1 reply

I've recently found a property that will more than likely be going into auction next month that is worth over $100,000+

Lake Drive Virginia Beach, Virginia 23464 (Tax Map ID No. 146643179800) Default having been mad...

Matthew Mummert 1031 exchange Net Sale Proceeds
26 December 2018 | 4 replies

I'm new to posting on BP, but have listened to the podcast for months.  My wife and I purchased some land 9 months ago below marked value.  We improved the land over the past 9 months with the goal of building on it, ...

Robert Nelson Hard Money advice!!!
21 August 2019 | 8 replies

I want to purchase my first deal using hard money. I know the basics of it but what are some things I should be cautious of or look for? Any advice for a first-time investor using hard money to BRRR? I also know an in...

Cassie Kitch Abandoned property in estate with no heirs with interest
18 February 2016 | 2 replies

I have two condo units that were declared abandoned by the estate of the owner. No heir wanted them and they are sitting empty and will for another 2 years until tax sale. Would like to figure out how to acquire the...

Yomi Omotoso First position note on property
17 March 2023 | 5 replies

Hello BP family. I have multiple investors for a BRRRR deal. How do I make them take first note position on the deal till it's refinanced? Your advice is appreciated.

John Truong Tax reporting - initial financing costs vs refinancing costs
26 January 2016 | 2 replies

Hello BP members,All the searches show how to report refinancing costs for a rental, but not the initial financing to buy a rental. Are they reported the same way?When I refinance a rental, all (or most?) of the closi...

James Zhang Delayed Financing on a triplex in Ohio
5 February 2024 | 16 replies

All,I was wondering if anyone could recommend a good mortgage lender who is willing to lend more than 65% of the appraised or purchase price for a triplex in Ohio.  This would be a delayed financing.  I am purchasing ...