I've been following this topic with insider friends since last year...

"The California Department of Real Estate (DRE) will become the Bureau of Real Estate under the Department of Consumer Affairs effective July 1, ...

Hi All-    I've read many contradicting things with regards to how Dodd Frank impacts seller financing, both here on BP and elsewhere.  In particular if it applies to non-owner occupied properties, or raw land, what e...

I am an investor (landlord mostly) that has stepped into wholesaling for a new strategy. I am being flooded with requests for seller financing from people who don't qualify for traditional. Lets face it- if the hous...

When does a private lender cross the line? When does your need for the money to get the deal through get outweighed by the inconveniences a private money lender sets forth in your terms. My partner and I are at odds o...

I recently got approved for two loans totaling $48k. I was thinking of using about $30k to pay off my car loan, credit cards, renovate current home (putting up for rent next year) . Then I would use the rest to try an...

Justice Department Says It Will Reopen Inquiry Into Realtor Trade Group
On Friday, the U.S. Court of Appeals for the District of Columbia made a ruling that opens the door for a renewed investigation into the Nationa...

Happy 2024 BP Compatriots! Congrats, you made it 😉.
First post of the new year, where if you haven't read one of mine in the past, I do a brief, hopefully insightful, dive into real estate and financial markets. Plu...

CONSUMER FINANCIAL PROTECTION BUREAU EXPANDS FORECLOSURE PROTECTIONSUpdated Servicing Rule Provides Surviving Family Members and Other Homeowners with Same Protections as Original BorrowersWashington, D.C. – The Consu...

At what point in the application process do you ask an applicant to submit a background and/or credit check? Is it in conjunction with the rental application? Or is it after you've reviewed the application, checked re...

In the commercial mortgage space we have found that NPN investments can be divided between

(1) purchasing NPNs in which we’ve had no or minimal contact with the borrower, and

(2) purchasing NPNs in which we’ve worke...