Paul Murch
What next?: Note in Ch13 Bankruptcy and now a Motion to Dismiss
My IRA owns a note in second position on a house where the borrower is currently in a Ch13 payment plan. I have started receiving payments and will for the final 12 months of the plan. Last month, the trustee filed to...
Rene Fernandez
Bank Reinstates Discharge Past Due Amount / Loan Modification
Hello,We are trying to refinance however, lenders are asking that we request a payoff or subordination of a lien held by HUD. We would like to know if you would recommend that we challenge the lien based on the follow...
Oriah B.
Thoughts on buying this NPN?
I am considering to buy this NPN. I have been successful in buying and profiting on notes and am looking to get back into since my REO supply dried up and there's no money in flipping properties right now. I offered t...
Lee Hughes
What code to use for form 1065
Can anyone tell me what code you use for real estate investment on irs form 1065
Joshua Tikal
Foreign Entity Does not Qualify for Financing
I have found a number of financial resources, both banks as well as hard money that require LLC's to be registered directly in the state of Missouri which essentially disqualifies a LLC that is registered as foreign e...
Minna Reid
Dumb question about carrying the second
Ok - I just dont get it...If a seller carries the second, does that mean he is actually taking out a mortgage for like 20% so that you pay only 80? Or that he's cashing out 20% and giving it to you, or what?
Is it som...
Rich Hupper
Will this Owner Financing Deal Work?
Hello Everyone can someone tell me if this scenario would work in the real world.I want to put 25% down on a 90,000 purchase ( 22,500) . The loan terms are 5% at on 20 year fixed term loan.I then want to do 20,000 wo...
Joshua Dorkin
Free Property Analysis Worksheet
Michael Rogers of Chandler Properties provided the following Excel Worksheet for BiggerPockets to share with all of our members.
REI Property Analyzer
We hope you all find it comes in handy.
NOTE: If anyone else h...
Christian Florez
Help with first real estate transaction
here is where I'm at . Would like if you could double check my research and educate me how to better evaluate deals or meet an agent who is better suited for first time investor Option 1- Dover single family (MLS#3550...
Justin Sumulong
BRRRR'ing in your Solo-401k
I am considering using the funds in my solo-401k to do a BRRRR.
First question, I guess, is what are thoughts on this? Good or bad idea?
I've ran through the process and I think the most important thing is not comm...