My mother bought a 2 family house for 514K back in 2006.  The mortgage was very complex and handled by the now defunct WMC(of GE), infamous for using scissors and xerox machines to fake documents, and anything else im...

On another post which we kind of derailed, we got into discussing creative financing techniques and clauses some of us use in notes secured by real estate. You can read more about it here:

Original "Motivatio...

What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...

So I like to ready different real estate article on a daily bases from forbes, yahoo, msn, realtor.com etc... Today I came across the most ridiculous article! It simply states that Fannie and Freddie see short sale fl...

I got a potential subject to deal but when I talk to title companies, most of them won't do it because of the "due on sale" clause on the exiting loan. Only one title company I talked with said they can do it but won'...

Hi BP!  First time poster, couple month lurker ;)Looking for advice for buying a STR in the Smokies.  My sister bought 2 cabins recently from @AveryCarl and I think I've finally convinced my husband to get in on the a...

We’re buying a coastal property and made the mistake of not getting references for an agent in that area. The one we ended up with is incompetent. Skipping past other issues to the about to be deal-breaker: We’re past...

I'm in the middle of purchasing my first flip and I'm getting a little nervous and would like to make sure I'm doing this right.  I live in California and the house is in Texas.  This is a major renovation (close to 1...

I have a flip that is on the market in Milwaukee and I am starting to get nervous as the Wisconsin weather begins to cool off and kids head back to school. I am open to suggestions on things to try or ways to get more...

Hi, I am hoping writing a long and detailed post will help check my due diligence process for getting into the notes business in a more thoughtful manner. I have read a ton of Don, Chris S, Chris W, Andy, Jay and Dion...