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Good evening BP, I have an escrow question.
I will be closing on my first property next week and although I am nervous and freaking out still, I am excited! As I'm sure everyone felt when they closed on their first ...
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Hello BP
With a lot of courage we did mail out few letters and received a phone call back; excited about that.
Owner has a NOD and foreclosure process would start in a week or so. He also has some liens around 13,000...
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Here's the backstory. The homeowner died without leaving a will, so the house is still in his name, as is the loan. Before he died, he appointed his son conservator of his affairs and the guy tried for three years t...
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I am trying to analyze a cash purchase of a foreclosed property and need to understand the costs associated to close the deal. Can anyone help outline typical cost for cash buyer?
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hi everyone,I'm fairly new to BP and investing in general. I'm setting up to make my first mobile home purchase (no land) but I'm unsure of how the process works. For example, do I use a contract similar to a real est...
Subject To is definitely NOT a “No Money Down” technique”, Here’s why . . .
The obvious question is: "How Do I Keep Finding These Smokin' Deals"
It costs money to locate a willing seller. One of the largest wholesal...
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Dear Bp,
I enquired about a home for sale today. The agent told me the owner has been in arrears for the past year but the bank have not yet foreclosed. The owner does does not want to do a short sale. The li...
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Deal Review:
Mortgage Balance $56,260.64
Current Terms: $270.16 per month at 4%
Added complexity is financed Solar Panels: $35,000 they made the first 3 payments and then went delinquent. Never had them connected t...
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Hey fellow BP members,
I have this deal that I'm looking to work on.
This out of state newbie investor purchased a property in a HOA foreclosure sale a year ago, he paid $27.7K for it. It is a completely vacant prop...
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So we had an under market tenant for a few years and finally the lease is up and we can get closer to market value. We are out of state so house hacking unfortunately isn't an option. It's a 5 bedroom 4 bath fairly ne...