Hello BP community. Long time lurker but now am ready to get in the game. I have a couple of questions about dscr loans. What ive gathered- ratio of 1.2 or higher, 25% down, need around 6 months piti left over in bank...

Well, I was all proud of myself that I had gotten a seller to accept seller financing on a property I felt would be a good long term investment..... now I come to find out he has a mortgage on the property, and wants ...

I have been playing around with different filters the last few days.  I run my search and then for the fun of it, I start checking these properties to see if they are currently listed in MLS.  Every time I start check...

Hey BP,1) When is safest time to drive for dollars. I do it alone and driving in war zone areas sometimes. 2) Best way to log your driving for dollars houses?3) How many houses is a good amount to get in one day? (vac...

Hello BP Members, My name is Alex Schloe. I am a newly married Air Force Family Medicine Resident Physician at Eglin AFB, Florida. My wife and I have been very interested in getting started with long-term buy and hold...

Has anybody out there been able to successfully get a big bank like Ocwen to do a loan mod on an investment property? If so were there any tax implications on the unpaid interest?

I own the second promissory note on a condominium in Alexandria VA and the borrower wants to challenge my right to collect payments in court. What I need is to find the payment history on the loan dating back to 2005...

Hi all,

I'm trying to hash out the details of a deal I have. The house is worth $95k, the purchase price is $56k. The seller has agreed to an interest-only loan of $100/month with a 5 year balloon.

My f...

Hello All ,Firstly , Happy new year to you all ..Very New to investing so have some basic questions and they may be silly but would like some inputs from you all so I get into investing in 2019 When investing out of s...

I went to an owner finance seminar in Texas. I was told I needed a loan originator to qualify the prospective buyer for a loan even though my LLC owns the house free and clear. I was also told I needed a disbursement ...