Frank Adams
Taking one back in TX
Wow, it's been a year since I was on BP, good to be back. I've been enjoying my retirement in CO but haven't found any deals here, but I have a chance to get one of my flips in TX back, if I want it. Here's the scenar...
Jason O.
partnering up
I went to a rei meeting. There was a lawyer there. I emailed his office if I can get contracts for assignments, disclosures, etc.
His paralegal says he doesn't do assignments and has his own c...
Rick Abelson
Value-Based Land Planning
A few years back, I was involved with helping a land owner master plan a 30-acre parcel in Las Vegas just off the Strip, near the MGM Grand Hotel. The parcel was zoned for casino uses and also had potential for hote...
Rob Smith
Has anybody heard of this
I am being contacted by people that are telling me they can help me with my upside down loan they are saying they deal with the bank and buy the loan for a very low price and then they sell it back to me at the curren...
Sam Levitz
Interesting.....Owner finance or Lease Option??
I would really appreciate some expert insight on how to structure this new offer on my townhouse....
They buyers really want to buy it. I told them the price of $377k. I owe $376k. It is worth about $250k with al...
Shawn Rana
Repair or Replace? (furnace)
Hi everyone,
I created an account on here about two years ago, forgot about it, then started meandering around the forums again a week or so ago since I bought my first property.
Anyways, I recently bought an REO co...
Bryan Hancock
Home Tendering Agreements
I know of some Phoenix-based investors that submit short sale offers and place people in the house to "guard" it while the bank is goofing around with the offer. They collect "rent" and pay nothing on the mortgage fo...
Nate B.
Contract Void? Undermarket buddy hook-up prior to closing on storage
Must annual contracts be upheld after transfer of ownership?Scenario: Closing on a storage facility. A few annual leases in there at under market rents. I was going to leave them in place; however, this weekend the...
Gil Ganz
Months left on performing notes
HeyWhen buying performing notes do you tend to prefer ones that have a longer period left or a short one? There are advantages to both sides, would like to hear your thoughts on the matter. For sake of discussion, I ...
Cheryl James
Construction Loan then Refinance as Rental
I have a village lot in WNY that I am considering building a SFR and then renting it out for about three years. So I would need a construction then refinance loan. Any recommendations on lenders that would consider ...