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...
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...
Timothy Douglas
Private Lending Mechanics
When do private lenders actually get paid? Say I want to buy a house that's worth 45000 to buy and hold. I need a 9000 dollar down payment. Let's say I get that from a private lender. When would they actually get that...
Richard Dee
What % discount to buy a non-performing 2nd note?
I am looking at purchasing a non-performing 2nd note on a property that is barely above water on the 1st mortgage. It hasn't been paid on in over 8 years and am curious what the typical discount would be for a $110k...
Abner Nakihei Jr
Good or bad deal? Foreclosure auction in Maui, Hawaii
Aloha! My name is Abner Nakihei. I’m a new real estate investor looking for my first deal here in Maui, Hawaii. Prices are ridiculously high so I’m looking at foreclosure auction sales on the court house steps. I want...
Danny L.
Analyzing Syndication Deal - Return on Capital?
Hello all,I'm currently looking at a potential MF syndication deal. I started investing in syndication this year and have been learning through books, online, and various podcasts. One of the things I came across was ...
Justin Lane
Military Newbie Looking to Leverage Frequent Moves
Hello BP!I'm very excited to leap into this awesome community. I'm an active duty service-member and plan to stay that way for another 16 years, not only not secure a comfortable retirement, but because the privilege ...