Mindy Jensen
Att: Traditional Lenders - Question About Due On Sale Clause
I always thought that when you transfer title, you trigger the due-in-sale clause in a traditional mortgage.I see questions time and again from investors who want to transfer ownership of their residential property pu...
Richard Warren
Soros sees no bottom for world financial "collapse"
NEW YORK (Reuters) – Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.
The rest of...
Nathan Gesner
What's your most ridiculous maintenance request?
What's the worst maintenance request story you have to share?
Mike Xiao
best cities now for multi-family investment
I currently have a home in Tooele, UT. It's paid off, but I'm wanting to sell it, and take that money to use towards the down payment of a multi-family property. After everything, I think I might have $150K-$200K to ...
Mike Hartzog
Escrow Agent for Note Sales
I am planning to begin selling performing notes to folks who need income investments and would like to have a 3rd party escrow agent who knows notes and can handle the escrow and closing process. This would include t...
Evelyn Jordan
No SSN, no CC, No Proof of Income
Hey BP People,I am currently screening tenant applications for a vacant rental property of mine and I came across an interesting situation. The applicants are a Hispanic family with 3 young kids; Mother is a housewife...
Harry Metzinger
Cash Offer
Hi BP, I am currently evaluating a property where I know a cash offer is looked upon favorably compared to purchasing with a conventional mortgage. I am in position to make a cash offer this week. Since the process ...
Philip Humphrey
Bridgehouse America in Phoenix - Lease with option to buy
Hi everyone. We have a lease with option to buy offer on a house in Florida from Bridgehouse America in Phoenix, Arizona. They are interested in doing a sandwich lease option or assigning the option back to us. Acc...
Victor Quan
How do banks verify owner occupancy?
I'm curious what the experiences other investors have had when it comes to banks verifying owner occupancy. I have a friend who said that they never checked but I'm curious if anyone has had any experience (good and ...
Justin Smith
Should I Buy A SFR With Racist Neighbor?
I can potentially work out a no money down deal on a house that I can get for 40k-45k (Appraised value) that will rent for 600-650. There is a high voltage electric tower directly in the back yard and the neighbor ac...