Varun Hegde
CFD Seller missing borrower's DL or proof of title insurance - is this a red flag?
In contract to purchase a CFD in MO. Have done most due diligence items, but I'm stuck on two pieces that I'm not sure about.1. The seller doesn't have the borrower's driver license or any identity verification paperw...
Bill Gulley
Private Lending Mistakes
For you "private lenders" what mistakes have you made? I'm wondering if private lenders are 1. willing to disclose mistakes and 2. what they did to correct it, if they did at all.
I just read about private lending, t...
Daniel Miller
credit-report issues
One thing that was awkward about researching that family last weekend, was that when I pulled the lady's credit report using MySmartMove, it *only* gave me her credit info, not the husband's, nor the family's.
That's...
Rachel A.
Suggestions? How to screen tenants if realtor shows house
Rookie question...We just completed a cosmetic rehab on our first house and placed it for rent this week. I plan to self-manage, so I had hoped to show the house myself and personally meet any potential tenants. Fro...
Anna Gogos
Advice on getting a tenant ASAP
My husband and I recently bought our first duplex. We were able to rent out one side very easily but we are really struggling to rent out the second side. When we first posted to craigslist and Zillow the listing gen...
Peter Sik
paying echeck for property management, SAFE?
Is it safe to use eCheck? PM is asking for payment, and one option is eCheck. Otherwise they charge like 3% for credit card.I am wondering if someone use my bank account number and router number there, they can do wit...
Josiah Cooper
Tax Assessment vs. Appraisal
Hello BP Community,We purchased a foreclosure and the appraisal came back with the Tax Assessment at $129,500 and the appraisal price at $85,000. On the appraisal it looks like they used other foreclosures in the area...
Richard S.
Private Lenders in New Jersey
Hello, I currently have a portfolio of 7 properties (mixed SFHs, duplex, triplex, quad), owned free and clear, each held by separate LLCs (formed Jan 2016). The problem I am running into is that most of the tradition...
Don Konipol
Subject To: what sellers think vs. the reality
There’s been a LOT of hype about purchasing property SUBJECT TO existing financing. With YouTube videos, seminars and mentorship’s exploding around this niche, there are plenty of inexperienced buyers and sellers goi...
Account Closed
Understanding A Mortgage Appraisal
Understanding a Mortgage Appraisal - Part 1
The first thing to understand is appraisals are not all the same or equal. In fact, each appraisal is unique to the needs of the specific client.
Mortgage Appraisals are...