Mike Flora
Bringing a loan current fee
I tried asking yesterday about this and I think I was too confusing in how I asked.So if my seller is behind on there mortgage payments and I'm covering all closing costs for them, I'm assuming that when I pay the loa...
Christopher Lane
Looking for advice on finding a hard money lender
I’m looking into purchasing my first property in Pennsylvania. I would like to try hard money but I’m not sure where to start. Anyone have any tips?
Dustin Beckel
Newbie Investor from Cleveland, OH
Hello!My name is Dustin Beckel and I’ve been following along on the forums for about a year now, but this is my first post.My wife and I moved to the Cleveland area from Columbus last summer. I work full time as a Fin...
Darian Doan
College Loan Payments or Save For Property?
Hello! I’m brand new to the realty scene. I currently invest in stocks, but I want to eventually move to realty. I am only entering my second year of college. I was wondering if it would be more productive in the long...
Jonathan Conaghan
California Governor and Banks Agree to Waiving Mortgage Payments
https://www.businessinsider.co...
Well, this is something. California Governor has said that banks including JP Morgan, Wells Fargo, Citi and others have agreed to waive mortgage payments for 90 days in light of the ...
Nick Adams
What does Pre-Foreclosure mean for prospective investors?
There are properties listed under "Pre-Foreclosure" on Zillow and a lot of them. What can I infer from that? There is no listing agent and not much information, but there is a listing price.
Christopher Krueger
Hard money loan percentage
What is a fair percentage for a hard money loan? I am taking out a loan from my father in law and I am wondering what a fair percentage is for a $120,000 loan on a fixer upper. Does it accrue monthly or yearly?
Account Closed
403 Retirement Distribution REI
403 is allowing through CARES Act:
loan up to $100k payable over 3 years with no tax penalty. getting 1% over prime.
delay on loan payments for up to 12 months. interest accrues during this time and loan will be r...
Ryan Stogner
Hard Money Lender... When to pay?
Hello, new to BP. I have a question in regards to Hard Money Lending. When does loan repayment typically begin? I’m sure different lenders have different policies and contract terms, but is there a typical time frame ...
JT Thompson
Late fees owed to servicer on foreclosure acquisition
I'm paying off a foreclosure on a property & subsequently purchasing the property as well. The mortgage service company has added an exorbitant amount of penalties & late fees though. Can I just pay the princi...