So what exactly makes a senior lien senior (1st) and a junior (2nd) junior? When referring to a deed of trust, is it the time/date when one was recorded or the dollar amount ?For example if I take a loan (considering ...
Happy Friday BiggerPockets Community!Looking for some examples of private money deals where you worked with someone to fund only the downpayment and/or closing costs on an investment deal. I am looking at few small, m...
Hi BP community. My name is Marz and im looking at investing in the states. I guess like most overseas investors i saw the prices were low and the ROI was far greater than what we have here in OZ. Being a newbie to i...
I know this sounds like a dumb question, but as simple as this question may seem it has me pretty perplexed. I mean I suppose I would just want to structure terms, where my payment to the original seller is drastic...
Hi everyone, I’m a junior in high school (16) and finance is one of my hobbies. Right now I’m just learning everything I can about real estate before I start to house hack in a couple years. I currently have about $5,...
Hello. In 2019 Los Angeles city council placed new restrictions for AirBnB."Only the host’s primary residence can be rented out, defined as the place where a host lives for at least six months per year."1. With these ...
About a year ago I purchased a duplex in North Oakland and have been successfully house hacking it. The upstairs units rent pays the mortgage and a little extra, so I'm really only on the hook for a portion of the tax...
I'm having a difficult time getting 1st lienholder to provide details (payoff) to us as we are 2nd lienholder. They don't know but we're about to foreclose. I know we are entitled to info but what should I provide &a...
Hi,I wanted to confirm if a 2nd lien or any other junior liens are wiped out after an HOA foreclosures?
I will be entering my final year of college and may be receiving a full time offer in San Diego upon graduation May 2021. Me and my girlfriend want to start investing through house hacks of our own. We're wondering ho...