Ron Kelley
Best way to deal with an Underwater Mortgage
Hello everyone,
I am new to BP and the world of note investing, I've read loads of postings here on BP (which is just mind blowing the level of knowledge/experience) and have loads more to go which just wets ...
Daniel E.
Borrower Fighting Foreclosure: Part 2 - Mediation Request
Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...
Andrew Faulkner
Dumb question about buying notes from newbie
I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...
Bryan Miller
Borrower about to loose house - Creative Financing Ideas Needed
So I received a call for help on this scenario. Trying to figure out how it could work. Borrower faces foreclosure sale next week. He needs $19,000 to bring his first position loan current. He is living in the ho...
Thea Linkfield
We made $35k on our first flip!! (But it took 12 months)
Hey BP! We finally closed on our first flip on Friday and I now feel like I can post about it! After being under contract 4 different times, I feel numb to the whole selling process and it hasn't actually hit me that ...
Vania Castillo
Diary of a Rehab. in Providence
Dear BP community: It is official! Through tax lien investing a 2 family house landed on my lap. Like the old adage says, "When life gives you lemons...Make lemonade" and that is what I'm trying to do here.Here is a ...
Aron Cohen
BRRR strategy
I wanted to share my recent success story following @Brandon Turner BRRR strategy. We purchased 4 single homes as a package deal that had some distress along with squatters. We dealt with the squatters and got right t...
Kevin Bellavance
Age 23, bought my first property with 6% down
Hi all!Just want first to thank Biggerpockets. These podcasts (which are so down to earth compared to those self-proclaimed guru's **BS** out there) have played a large role in keeping me motivated for the last two ye...
William Hall
Follow Up to Legal Issue Post
Last week, I posted a question about a somewhat complicated legal issue surrounding a DOT that was part of my father's estate that never got recorded, then the debtor/prior owner was able to go back, refi the property...
Ryan Hobbs
Probate property contract
Can I use a standard purchase agreement on a probate property, where the administrator has full authority, no bond,in California?