Hey guys.
Im doing my first short sale and i have a quick question. The owner of the property has a 17,000 2nd mortgage.
Will the primary bank deal with the 2nd mortgage company or do I need to deal with them as well?
I received 2 applications for my rental property. 1 of them meet the income requirements (about 5x the rent) but after doing a credit check I noticed that they have 2 accounts in collections (under $2k both) and in th...
Hello BP,Looking at auctions and seeing the titles, often I can find out how much the loan was originally financed for and when it matures. I can estimate how much is still left with a few mortgage calculators, but do...
Hey all!
I’ve been lurkin’ around the BP forums for several months but figured I should introduce myself. A little about myself below:
Name: Si or Simon; dealer’s choice
Born: 1990
Location: northern New Jersey
...
I am interested in mortgage note investing but have no experience (only some book knowledge on the subject). I am planning on comitting $10k to $20k as my starting investment amount with a focus on a relatively safe ...
I am interested in learning more about how investors acquire seller financed deals. I was curious, are there any good books that anyone has read on the topic of seller financing?Thanks!
Hi BP!What's your process and requirements for screening tenants? I'm in Texas Thank you
I'm rereading Brandon's book on Managing rental properties and he mentions that you need to give everyone an opportunity to apply, even if they don't meet the minimum criteria you have set. Do I also need to show my p...
Hello everyone, I'm dealing right now with a foreclose property that you can't have access for a viewing ( I know big risk). I'm trying to figure a creative way in my offer to get access to the house and slightly lowe...
I'm a new investor starting with little to no money. I agreed to buy a house for 95k but then seller wanted a $1000 deposit. How do I convince him to lower deposit ?