i have run into this problem constantly which has prevented me from purchasing a few $50k and under partial distressed homes for a quick flip or rental. i recently applied for a hard money loan and have no problem ...
So I bought a junior lien and got the payoff and reinstatement amounts. I can't figure out what the principle balance will be if I choose to just reinstate the loan. Here are the major numbers I'm working with. Unpai...
Hello,I’m currently in High-school and have a lot of free time on my hand. I got interested in Real Estate around 3 months ago because of the freedom that comes with the job unlike other “normal jobs.” Lately I’ve bee...
Hey, I’m a junior in high school with thinking of possibly flipping houses as a living, after I graduate high school. I wouldn’t even know where to start asking questions about how I would even begin this process. I g...
Hello,I am new to Bigger Pockets as well as a junior investor. I am looking to purchase and renovate rental properties. However, the issue is that I am not sure which hard money lender to choose.I have already utilize...
Everything started with me funding a fix and flip project in Washington state as a junior lien holder. The property was sold during pre-foreclosure undervalue. I agreed to remove the lien with the rest of the debt sec...
I am a junior in college at the University of Northern Iowa. Currently I am a Accounting & Finance major and on track to take the CPA exam the spring of 2018. My first question is: Is the CPA route the route I sho...
I know the winning bidder at a trustee foreclosure sale takes title subject to all senior liens, but is a HOA fine (not a lien) the responsibility of the new owner? The same question if lender took title via deed-in-...
Hello, I am a long time reader of BP and am in school at Virginia Commonwealth University, studying real estate. I will be graduating this coming spring 18, and currently interning at a local commercial real estate fi...
Is it possible to receive a business line of credit using just your EIN with a new LLC? If so, what steps would one need to take to achieve this?