Rodney D.
ADVANCED - Anyone found a way to lookup current mortgage payoff?
Hi all,This is actually a 2 part question for fellow foreclosure investors:1. Mortgage PayoffHas anyone found a way (or pay-service) to obtain a CURRENT mortgage payoff for mortgage/note WITHOUT owners authorization? ...
Mohan Deep
Tenant moved out, filed for bankruptcy
My tenant moved out but left a lot of damage to the property. After they moved out, they texted me saying that they filed for Chapter 13 bankruptcy and that I should contact their lawyer. They gave me the lawyer's pho...
Patrick McNeill
Strategic Default and Rentals
I have a friend (we'll call him Joe) who is considering doing a strategic default on his home.
Although it's a struggle, he makes enough to pay his mortgage. But his house has gone down considerably in value and he o...
Alex Ng
Handling the Risk and debt
Hi, I've recently bought one property and under contract for my second one. It's been a wild journey, learning as much as I can. As you scale more and have more properties, you also incur more debt. For people who own...
Keith Blair
notes, NPN, Preforming notes
Hi BP community,I’m ready to get into note investing. Now that I have a plan, I would like to share it with everyone. I’ve been a residential General Contractor for 30+ yrs and now that my body is broken, it makes sen...
Brian Freddyson
any comments on this type of acontract for a preforeclosure?
each month for 5 months i get $4000 +/- negotiable (i will recieve this at the closing sale. i make the payments that you are
behind on for you. this will give you time to sell your home. if after 5 months you don...
John Mills
House in foreclosure. Owner deceased. How to buy?
Looking for my first flip and found one pretty interesting. Its actually the house I grew up in.Owner died a few months back and the house is now in foreclosure. It seems they served a Lis Pendensshortly after his dea...
Derek Hamilton
Is it possible to refinance an “Owner financed” property?
I’m looking to purchase this property to occupy it. I was thinking about approaching them on owner financing because my wife is currently on a furlough so conventional financing isn’t an option. But I didn’t want to h...
Minna Reid
Short sale deficiency judgements
From what I hear these are becoming more popular, as are loads of collection agencies willing to buy them and pursue for the money. Are you seeing this happen?
If so, then whats really the advantage of the short sale...
Barry Craig
Deal or no Deal
20 Unit Brick Apartment, Pitched Roof (new x 5 years)
Separate metered utilities (owner pays none)
All electric central air/heat
No Vacancy, waiting list to get in
Debt service: Asking 750,000 Get for 680,000
680,...