I have been through the grueling awesome process of selling my house to buy apartments. 4 plex $375k 5% down (18750) 2bd 2bath $3250 total income $2350total debt service $300 total utiltes and misc cash flow $600 mont...

I kicked off 4 loans last year as a borrower, some involving multiple properties in one loan. My loans were then sent for service. The mortgage servicer has been just awful from the start. I know "awful" is subjective...

Hello, I'm hoping somebody can help me understand the laws regarding utility payments in North Carolina a little better. I recently bought some property there where I plan on building a duplex, possibly two or three o...

Hi All,

I’m starting to look into mortgage notes as an investment.  When accounting for servicing fees I’m removing the cost from the total monthly payment to calculate the yield.  So if the payment is $400 per/mon...

Lately I find myself doing clerical duties making sure that I'm escrowing enough for taxes and insurance when I should be buying and selling notes and properties. I don't see much discussion on here about servicing o...

Thousands in Hawaii, and millions across the country are now unemployed and unable to make their mortgage payments. There are also those that own investment property where the tenant is in the same situation and can ...

What are the caveats and how do you structure escrow accounts for property tax and insurance?

I'm selling a home that I own free and clear. I'm creating a new 30 year note, contract for deed. My buyer is finding t...

The ach service that I was using for rent payments has been absorbed by another company. Upon review of the new service, I decided to look elsewhere. I looked at Cozy but there ach payments take 5 business days to pro...

I have a great vacation rental condo on the border of miami and fort lauderdale. It's right on the intracoastal across the road from the ocean.  The building is resort style and has great building management.  This is...

Just finished listening to BP episode # 527, in which Pace Morby talks about how lenders could wipe out people’s debt-to-income ratio on their previous mortgage if it was serviced. I'm wondering if anybody here has an...