Chase Terry
Financing with PMI with a small property
I am making my first purchase in a small SFH. My lender just came back saying they won’t lend under 50k but if I finance 50 I will accrue PMI. Would it be smart to still pull the loan and put down 15% then pay the n...
Joe Jor
Fully Paid Lending Program
Is anyone familiar with Fully Paid Lending Program that are offered by multiple brokerages? What are the risks? From my google research it seems that the only risks are *Contributing to fall of stock price as short...
Shady Forbes
Do I have to pay the taxes every year once I win the bid
I recently won the bid for the tax certificate but I heard I get the property after three years if the redemption period is over. Every year I get tax bill and they said that I should it if not then another tax lien c...
Billy Hills
50.00
Some one told me, if I was going to be a buy and hold person. like the triplexs I have been looking at. If I paid a extra 50.00 a month it would nock years off my loan. I tried several times to figure out the math...
Angellar LaCour
Private Lender Promissory Note
Hello,I have a private lender who wants to invest in my rehab/flip projects. The first will be direct pay from lender, after will be through self-directed ira custodian for the funds. I need some guidance/best practi...
Josue Hernandez
Can City Code Enforcement Fines Ever Be Settled?
Hey BP Community.I was presented with a deal recently that seemed too good to be true. After some research we found the property has a lien since 2018 and fines totaling roughly $45,000 (and growing). The deal can sti...
Account Closed
How do you know if a house has equity
Yea you can ask the seller. But, how do you know if the really has equity
Don Whitehall
non performing contract for deed
As seller, I have several real estate contracts for deed in progress. I have one which is non performing, I know the folks well and have let them get too far behind, but i don't have the heart to default / repossess ...
Nitanth Vangala
Multifamily/Commercial Real Estate Equity
Hey everyone, Just curious, how do you guys pull out accrued equity in a commercial real estate or multifamily (greater than 5 units) property? From what I can gather, HELOCs on these types of properties are rare. Cas...
Stephen McMullin
Mortgage Notes: Partials & Foreclosure Rights
All-Can someone with direct experience comment on the nature of the rights accruing to the 'buyer' of a partial note from the 'seller'? I'm sure that all purchase agreements can be customized to suit the needs of the ...