Chrysler says its shutting down production at the end of the week for at least a month. I wonder if they will ever restart. Makes me think of the Lady Luck in downtown Vegas that shut down, what two and half years a...

I keep here you guys talking about commercial lenders not looking at personal finances just the property but why does all the lenders I'm talking to want my personal finances and a personal guarantee on the loan? The ...

Good morning BP members,
I am trying to understand a little more about how i can help people that are going through foreclosure.
My understanding is that the big issue is that they can't keep up with their payments....

i have a client that im about to do a short sale.she has several properties and a couple off restaurants. If i do a short sale for her will the bank go after her for the remainder off the balance? 2) does she have to...

At approximately 1 week before foreclosure judgment, borrower entered a 30 day extension to answer complaint. My question is, what is the typical route here? My guess is that 90% of the time this is just a stalling ta...

I thought it would be fun to hear some of your guys' best deals and worst deals. I'm just starting out so I am trying to learn as much as possible. In my research I have learned that a borrowers biggest motivator to c...

Cook county ILI know couple of investors/rehabbers who need short term financing and have free and clear properties. I will prepare a simple loan agreement (and release) that I can record, once they sell the house, I...

Hey there everyone. I wanted to share my story because it seems that this business, if done consistently, can be very lucrative. It has some room for error and you don’t need to be a genius to do it (as I have prove...

Hi All,I have an option to buy a non-performing note from a Notes wholesaler. Before i jump into this (i am new to this) I would like to know if some of you who have done it can assist. I know I will need to hire an a...

hello to all. i have a question for all of you new york state investors. i live and invest in the buffalo, ny area. there are many, many properties that are in some stage of foreclosure here in the western new york ar...