This is major news on Indy mac. This guy gets inside info before the news and in most cases is right on target!

http://mrmortgage.ml-implode.com/2008/07/06/indymac-significant-seizure-chatter-is-this-the-end-finally/

For those of you that are interested in hearing stories about NPNs, I wrote one on my BP blog here:https://www.biggerpockets.com/member-blogs/11308/86305-npn-story-mother-bails-out-deadbeat-son(It's a little bit long ...

Last month, my tenant told me that she was moving out at the end of this month. I informed her of the early termination fee that would be due in addition to the rent for this month, since she was breaking her lease. I...

While cold calling a seller informed my colleague that bail bondsmen buy land locked deals because the city will give them 3-10x the appraisal of any lot they own in the city, to bail people out. I thought this was in...

I sold a mobile home (I still hold title) on a lease to own to someone who 3 months in has bailed on the park payments and not paid monthly payments to me. He did pay significant down that he knows he is losing and be...

Real estate is harder than it's been in more than a decade -- we all know this. High prices + high mortgage rates + low inventory is making this a challenge. So my question is  -- in an era where you can get a 5% CoCR...

I’ll start. I’m 38 and I own 0 properties. I am reading all I can on REI with the goal to buy my first property within the next year. I’d love to be inspired by some of you and your journey. I’d like to know your ...

Mr Mortgage:

"Added last minute to the underwater refi, Fannie/Freddie, FHA, Wall St, Foreign Gov’t, Washington DC, bank and investment bank bailout was a ‘2nd lien provision’ making the 2nd mortgage holder an equity...

http://www.wxyz.com/news/detroit-homes-selling-on-ebay-for-cheap-bargain-or-bustWorthless properties that will be money pits and headaches

I got a pretty unusual situation as a seller and hope maybe someone can share some knowledge. I already talked to an attorney but other opinions would be appreciated. In a nutshell, buyers waived contingencies but the...