Hello BP worldI know a Contractor / Flipper. He does very good work and flips his product out quickly. If he were interested in partnering on a property flip, what would that deal look like. I know this is a loaded qu...
I have contacted five national lenders, and all of them discontinued offering HELOC products as of Nov. 1, 2018. 1. Curious- anyone know why? Is it the new tax law restricting their use? 2. Outside of a traditional se...
Hello, I entered into a contractual relationship with an Atlanta-based company I met on these forums to loan them money to do two Atlanta flips. The deadlines came and went and they didn't pay me back my capital or pr...
I have been doing real estate for a couple years and I am looking to get into some tax deed sales and I have a few questions. My state is a tax deed state where if the tax payer does not redeem their taxes within 30 d...
What happens with the mortgage that is in place in a contract for deed when the seller dies?
How do you protect yourself, or the end buyer (when wholesaling)?
Any input would be greatly appreciated :)
Hi all,Another newbie here from the large and freezing market we call Chicago. My name is Mark and am a New Zealander based in the Chicagoland area with my wife and son with twins on the way! Eek. I've been in and aro...
Has anyone done an extension on an open ended loan? I am familiar with the concept, but not so much with the nuts and bolts of how to get it done. I believe there needs to be a new note and security instrument. Not...
I have been searching around for a couple months in attempt to find my first rental property to buy, and have found a foreclosure that I think has a lot of potential. However, the listing says:"Water and heating syste...
Hello, new here so this might be basic or stupid.
I have two STR properties and trying to continue to grow, I was able to secure a HELCO on one of them and was thinking of using it to buy another STR.
The cash flo...
Hello BP. I’m running numbers on a potential buy and hold and when looking at the property tax history, it says $2800 in 2019 but an assessment of $7800. Should I expect to pay that $7800 if I purchase this property? ...