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Situation: Owner who took out a RV- Reverse Mortgage back in 2007 originally thru Wells Fargo passed away recently in 2023. That RV loan was transferred to HUD, then serviced by Champion Mortgage and most recently by ...
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I've got a potential unusual situation on a deal. i had an offer accepted on a vacant house; owner is in default on the loan and way upside down. The lender told him "make us an offer" to buy the property outright....
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What's going on BP.. I suppose I can start off by saying ... I'm a highly motivated and ambitious kinda guy. Always, pretty much been a go get it person and I knew being an entrepreneur was the only way I'd eventually...
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Hello BP community!
A potential(ly great) opportunity just presented itself to me through a friend. Her neighbour unfortunately passed away from a long battle with cancer today. Death is obviously difficult for any f...
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Please share your thoughts on the good, the bad and the ugly of Section 8 rentals.Thanks
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I have a property under contract with a gentleman. I failed to ask who's name the deed was in and of course it's in his deceased mom's name. How will this affect this deal? Now that I know this information is there an...
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As 2016 is coming to an end I wanted to write a quick post on some of my accomplishments and successes this year and thank to the people that have helped me get this way. A high level summary of my highlights and dea...
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I have been reviewing the comments and advice on this site for a little while and am excited to have joined the forum. I'm in the planning stages of starting a real estate investment company, which like so many, w...
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Hello,My name is Joel. I recently moved to Wake Forest from Las Vegas with my wife and daughter. I'm a respiratory therapist working at Duke University hospital. My wife is a speech language pathologist. I bought in 2...
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Hi BP. Regarding retired applicants, do you still have to keep with the same qualifications? Do you keep with the 3x income? I have an applicant that only has social security coming in and said they recently sold the...