Samuel Dunteman
First Direct Mail Campaign
First off, i would like to thank the community of BP for the amount of good information I've been filling my empty head with over the last few months or so. I'm also excited to say that i'm planning my first direct ma...
Ally H.
RESPA and VA Loan
Hi fellow BPers! We have some questions for those who are familiar with the VA loan for active duty military.We went through a mortgage broker and locked in our interest rate and lender's credit last month with a Rate...
Charles Stewart II
Option and Assignment Contract
Do these two contracts look sufficient for wholesaling?Thank you in advance!Option to Purchase For Assignment Real Estate AgreementTHIS OPTION AGREEMENT ("Agreement") made and entered into this day of , 20by and betwe...
Chris Evans
Medicaid Involved Purchase and Looking for Solutions
I've got an unusual situation I've never dealt with before. I was contacted by a seller trying to sell her mother's home AS-IS (mother is alive, but in a nursing home with severe dementia). The mother is on Medicaid t...
Bryan M.
Expand existing bathroom or leave as is
I'm working on designing my next project and need some advice on the configuration. It is currently a 4/2 Cape Cod style home built in the 1940's. There are 2 bedrooms and a bathroom on the main level and 2 bedrooms a...
Greg C
lease renewal
We have a nice family renting one of our SFR , been there a year and lease is up and they want to stay another year.
Can i just write up a quick letter stating that the same lease is renewed for another year term fro...
Jermaine Gourdine
House Hacking
Hello BP,I'm a new member and a beginner in real estate investing. I'm interested in house hacking a 4 unit property? The downside to this seems to be the fact that I will not be able to close on the property under an...
Bryan Hancock
Why Does Kissing The Note Add Value?
Okay note pros...I have seen some discussion over the last several months about people kissing (guaranteeing) the notes adding value. It seems like you buy notes with sufficient ITV to protect your investment.
So ...
George P.
Lending private money to HM Lender in small chunks
Anybody ever lent a small chunk of money (~10k) to a HML Lender who in return will combine smaller loans and lend as a HM loan in 1st position.
What are the drawbacks? I can imagine that there is little to no protecti...
James Park
The U.S. Dollar, 5 year ARM vs 30 year conventional & the snow ball effect.
I've been reading @Mark Ferguson's website and been thinking about his loan strategy of taking out 5 year ARMs and focusing on paying off the mortgage within 5 years. I know other buy and hold investors in Bigg...