Hello.  I have a simple problem which might have an obvious solution, but I’m hoping that someone more knowledgeable can provide feedback in case I’m missing something.I bought a very nice condo/apartment in a new mix...

Does anyone have any advice on the pros/cons of providing seller financing via a contract for deed vs a deed of trust? I've purchased property with seller financing using a deed of trust, but I may want to use a c...

I own a business in a small strip mall with 5 other storefronts. My landlord has been having some serious financial issues, and had stopped paying the mortgage and taxes last year. The bank holding the mortgage exer...

Service Release Premium (SRP)/ Overage

Profit Banks Hide from Borrowers

"Service Release Premium" (SRP) or "Overage" is profit that banks make when they sell a Borrower's...

Here are the facts:

1. Current occupants are in default relative to terms of Contract for Deed (haven't made any payments since Feb 2013).

2. 14 day and 60 default notices have been given correctly to th...

Okay so my wife and I are flipping our very first property. We got a older craftsman style home in a very desirable neighborhood, filled with homes like this one. The issue is that its basically all 2 prong electrical...

Hello BP!My business partners @Travis Limbocker @Courtney Limbocker and I have found a 6 unit in San Jose that is in need of significant repair. Here's the deal:Sale Price - $1,272,000 - 0% interest for one year. 6% i...

I'm new to BP and REI Scenario: I'm looking at a property that I intend on buying and renting.  It's a 2BR, 2BA, 1145 sqft condo. It is currently in foreclosure, (or pre-foreclosure and subject to probate.) I am famil...

Ignorant me not knowing the foreclosure process bidded online $10,000 on a HOA Auction and won. I did a title search afterwards and found out two liens on the property, 1st lien for $124,000 and 2nd for $31,000. I a...

My tenant wants to break his 12 month lease 4 months into the contract. What are my options and how have any of you handled similar situations? Do you refund the security deposit? what about the last months rent that ...