George P.
Inquiry - input needed (discounted note)
Someone called off my letter that I sent 4 years ago.
Long story short, 3-4 yrs ago, three heirs inherited a house and later sold it to a son of the 3rd heir. First two heirs jointly financed 2/3 of the loan (one not...
Ryan Elam
2nd home loan impact on primary residence mortgage?
Hi there, I'm just starting my journey in STRs (have 1 up and running currently) and have a question....How do 2nd home loans impact your ability to qualify for a mortgage on your primary residence? One of my potentia...
Account Closed
House Rich, But Cash -and Credit- POOR! =(
when i recently made the big move from nyc to signal hill, ca, i could not get a mortgage cuz i write and wrote off most of my taxable income to uncovered medical costs (was blinded in both eyes couple yrs back while ...
Leslie Fernandez
Approved Short Sale vs HOA Foreclosure Sold at Auction
Wanted to get any feedback of anyone with possible experience on anything similar to this. What if an APPROVED short sale was underway and notification failed to cancel the HOA foreclosure auction? An auction took pl...
Eismail Ismail
How to write up contract for home legally?-"complicated" scenario
I have had this scenario brought to me, and I am trying to find answers. I am not of the people, only looking for guidance.It is not super complicated but it is risky and I am not sure how to go about it 100% and what...
Edwin Cruz
Portfolio of properties
Hello BP clan! Hope all of you are killing it in your RE biz. I am a newbie trying to get my first property under my belt. I have come across a seller in my local area that has a portfolio of 5 properties that he need...
David Ptak
Land contract question
Hi folks any advice on this topic is greatly appreciated. I purchased a property with seller financing in the form of a land contract. This means that the legal title remains in the name of the seller until the loan h...
Pandu Chimata
Refinance question - new loan amount is not same as current loan
I am in the process of refinancing my home from 30 years to 15 years.
It's my assumption that the new loan amount will be the same as the previous loan amount. I understand that I need to pay the interest to the cu...
Matthew Santillanes
Wholesaling a property that has a lien
Hi,Just had one question. What happens if I find a willing seller to wholesale their house for say $10,000 but there is a balance still owed to the mortgage company for $20,000 what happens? Does my offer have to eq...
Matt Good
I want off of the deed!
How do I get off of my ex's deed? She can't refinance. Is there ANY other way? There is always the scenario that if she defaults the lender can still go after me correct?