I thought I would throw this out there as I didn't see it addressed in any of the archives.  The Grantor of a property is asking me what, if any tax consequence, would occur if she transfers the deed to me via a quitc...

I’ve already formed my LLC for wholesaling and closed my first deal last month. However, I just passed my real estate exam and I’m going to affiliate with a broker who understands that I’m focused on investing. Since ...

I must say that I find the idea of purchasing Non-Performing Notes to be somewhat fascinating. With a degree in economics and a stint in commercial finance, the complexities of the moving parts attract my mind's inter...

I read the following article tonight:

Strategic Default or Efficient Breach?

that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...

Hello BP, as a new member I would love to hear any stories investors may have of when they first started investing in real estate. Did you make any mistakes, do you have any regrets, what did you learn? 

The lender of the first mortgage on the house which my wife has sole title of, made an error when the mortgage was created, and does not have a lien on the property.

We are in the San Francisco Bay Area. My wife and...

Hey BP - I have been working on setting up my wholesaling business for the past several months now and I have a list(s) of sellers and cash buyers that I am about to start marketing to. Before I do so, I want to make ...

I currently have a contract to buy and sell on a property. The property has been appraised by end buyers bank and title company is ready to close on my buy side. The home owner's mortgage company that was about to for...

Here is question that I had about deal structure

Lets say a house costs 100k. Two partners are coming to the deal to partner up.

One party gets a hard money loan for 65k(65% ltv) and finds the deal. The other bring...

Hi all, I ran a criminal background check on a tenant applicant.  Due to his criminal history, I rejected him.  He is requesting a copy of this report.  Is there a law in Illinois/Aurora that requires me to provide an...