This post relates primarily to California:

Hard money loans are often made at rates that exceed usury interest limitations. On hard money loans, California trust deeds can be exempt from usury interest limitations u...

I bought a non performing note in Kansas City. It is an institutional note that was originated in 11/2006. Next payment due was 1/2007. This was an investment property. I believe the borrower cashed out the propert...

Hey BP,Some of you may recall my rant about legal structures and advice from pros in a post a few weeks ago. After reading all the constructive, helpful comments and processing the frustration of working through every...

Hello BP community. I am new to wholesaling homes in the Maryland area so at the moment I am trying to make sure I have all the proper information in order to complete a deal successfully. If I put a house under contr...

Tenant text me last week Thursday saying they are moving out on April 30th.  They sent a text message stating that there are plumbing issues with drains not draining (first time they have ever told me about these issu...

Hey all,Is it standard to have your LLC open prior to purchasing a property? When I make offers, am I making an offer representing my LLC or is that detail irrelevant as I would just put the LLC down on the purchase a...

The company entity issue continues to come up on this board as well as my landlord’s association. Here is a site that recommends against an LLC or corp.: http://www.johntreed.com/entity.html

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Hello beautiful people of BP! So I work for a company that purchases preforeclosures and specializes in short sales. I want to build genuine rapport with the sellers I get into contact with and I understand that a loa...

Hi, new to BP and love what I'm seeing so far!  I'm an AZ-licensed RE agent and have a question that nobody seems to have an answer for (except possibly an attorney).Situation: Auction.com is having an upcoming forecl...

Hello members,I'm a landlord, dealing with a property management company that can only be considered a 'nightmare'.In order to cut my story short (unless someone is interesting in hearing me out :) ), I'm now in a sit...