Josh Rich
Finding Solid Non Performing Notes
BP NPN Experts,
Hope you don't mind sharing some of your non performing mortgage note trade secrets with a newbie, trust me...my funds won't price anyone out of the market!
How do you find your distress...
Edward Noseworthy
Looking to connect with Multi-Family Investors
Hello BP Members!Hope everyone is having a great Thursday. I am looking to revamp my BP page and really start taking advantage of this awesome website. My goal is to connect with as many like-minded Multi-Family Inv...
Colin Carr
How to determine ARV and rehab value
Hey All! So I have very little background in construction or house repair. I also just bought my first duplex, but am new to the game. So here are two questions that have been bothering me and are making me feel timid...
Anthony Caleca
Raising Money for a new devlopment
Hey so i have posted about 2 or 3 months ago about getting into the devlopment side of real estate with my father, we where looking to devlop a small to medium size luxury complex in NYC (where we live) but raising mo...
Imad M.
HML Fail! Sherman Bridge Lenders
I have a HUD property on contract which expires on 1 Dec. I had 45 days to close. Since this is my third property I chose not to go with a conventional loan. I assumed banks wouldn't want to talk to me anymore. Plus I...
Mary B.
Adverse Possession
Hello BP,I was reading over some info and came across this link regarding adverse possession. http://www.nolo.com/legal-encyclopedia/state-state...Most states have a decade or more timeframe. However there are a few s...
Gary Zit
Considering to Buy 2nd non performing note
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. ...
Trevor J Dammon
Newbie refinancing plan
Hi all,Newbie here. Creating a written plan with some spreadsheets. The basic plan is to buy a duplex with 20% down (100k down for a 500k property). Annual cash flow around $2,500. After the property has appreciated a...
Mike Lynch
I need some help before getting into a potential mess!
Hi Everyone,I have a 2 unit, 2000 sq ft. commercial office building, which is empty now. We purchased it this past summer. Each unit is 1000 sq ft. separated by a long wall. There are two glass front entry doors abou...
Ryan G.
Whacky appraisal logic on Cash Out refi?
Hi all,
I'm doing a cash out refi, and the appraised value is "okay", but I think it's off by about 20k; which makes a huge difference in the cash out value. Essentially, there are 4 adjustments the appraiser is doi...