Hi all, Looking for advice on purchasing of a 2nd non performing.Note is for 4 bedroom , 3,000 sq feet miramar, florida, 33027.Note seems to me have partial equity.Property BPO $350,000First Mortgage is convensional. ...
Hello BP Community,If I were to invest in mortgage notes should I do it as an individual and I would hold the note, or through a corporate entity (like an LLC) and have that entity purchase and hold the note ? Thank y...
As I read the older posts there were 2 or 3 types of seller financing mentioned. I'm interested to know about the different types of seller financing. Thanks.
If someone draws funds from the HELOC on their primary residence, and uses them to pay down the principal on their rental property, is the interest paid on the drawn amount tax deductible under the rental property?
Hello BP community and thanks in advance for any advice provided.I'm helping a client purchase a home and they will be receiving 100% of the purchase funds from a family member. We need to create a mortgage note to p...
Article from the Canadian Real Estate Mag dated Oct 26, 2015High demand coupled with a lack of inventory. Sound familiar? That combination is not just the domain of the residential housing market, but also the multi-r...
I am going to loan a devolper x amount of dollars to build a spec home. I talked to the title company and they said I will be the 1st trust deed on the property and when the property is sold I will get my money back....
Receiving a non-refundable EMD from an end buyer, which way is best?Just wondering, since there's ways to fake a check or some other money transaction, what way do you consider is best that has worked for you on recei...
My wife and I have a paid off home that will probably appraise in the range of $1.1M to $1.2M. Our Financial Freedom plan has us looking to purchase one STR investment home per year. (We purchase our first one last ...
Interest rates and high purchase prices are pushing a lot of people away from buying. Most are turning to renting, but is that the best move right now? Will House Hacking prove to be better than Renting over the span ...