Alex Breshears
Clearing up something about private lending...
Since I get these questions a lot - I thought going out to the BP community to see what they think might be educational.As a private lender, I've discovered the term is very ambiguous and vague to borrowers. There are...
Sarah Ali
Am I too old to get started? What is a realistic plan for me?
I'm one by one tackling my fears by reaching out to BP community! Next fear: I'm late 40s and have no RE. Am I too old to get started? in 30 years when my mortgages will finally be paid off, I might be dead. What wou...
Jesse LeBlanc
Is inflating a payoff a CRIMINAL OFFENSE in GA?
FACT: Borrower asks lender a “favor” to increase their payoff as a way to get hundreds of thousands extra back but NOT given back at closing on HUD, rather under the table directly from lender to borrowers after lende...
Hector Serna
Offer accepted… and there’s a new dilemma
Hey guys,If any of yall have come across my previous post you’ll find that I recently had an offer accepted for a short sale in Cicero, IL. The numbers are as follows.1959 Build Single family home: 3 bed (possible 4),...
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Default balance vs list price
I am looking at an REO property listed w/ an agent for 388,000. I found that the home had a 83,000 balance on the original mortgage. I'd like to make an offer but I'm not sure what offer to make. Do you think it at al...
Shawn Root
Solo 401k sense
Hello everyone. Thanks for all of the great info on these forums.A little history....I have a decent job that I don't want to leave anytime soon, but I realize that I am not going to have the kind of retirement I wan...
Greg Wilkins
Tenant victim of identity theft
My tenant reached out to me this morning stating that she has been the victim of identity theft and her bank account is currently frozen. Rent is due on the 1st and late after the 5th. She requested that I use a por...
Rudy Manna
Refinance Hard Money Loan
I am buying a fixer with hard cash loan. HML is giving me 90% of purchase price and rehab cost as well. When I refinance with a bank in few month later will the bank lend me 80% of purchase price or it can be 80% of A...
Account Closed
11 Places to Find Foreclosure and Pre-foreclosure Listings
Every serious real estate investor should know how to find foreclosure and pre-foreclosure listings. If you don’t know how foreclosure and pre-foreclosure work, you could be missing out on some potentially great barga...
Eddie Starr
Study exercise and learning for Notes
Hello, BP. I'm not sure if this is the right place, so mods, please move, if needed.I'm in my education and learning phase, so I'm hoping some members can help enlighten me.For this, I made sure all were NPNs, and all...