I pulled this statement off of this forum: "Also, a little known fact, is the lender could actually report to the credit bureau's as the loan being paid for less or settled for less. If a lender reports the loan on yo...
So I'll make it as short as possible. I was sued and lost a judgement for $25,000. They know about 3 rentals, in my own name, free and clear. I am very aware of the eminent danger. I also have a 2nd loan on my own...
I have a friend that I am wanting to go to and seek funding from him. He stated he wants to save $50-60K each year for his kids college. So I want to approach him and seek a partnership from him but protecting myself ...
Hi BiggerpocketsI am trying to better understand the concept of title and the bundle of rights that come with real property.Lets say we have a sub 2 deal in a title theory state. The owner of the property is highly mo...
You are investing in real estate. You are going, or should, understand the difference between these two concepts. Collection defense and debt relief are better known or understood as asset protection and bankruptcy. T...
Hey everyone, have a question regarding my current owner financing deal. I was able to secure a single-family rental from an FSBO who was willing to finance with me. Got all the title work done and had a legal mortgag...
Wanted to know if it is legal to email a borrower. I have the work / personal email (borrower is an unaffiliated realtor) and have not been able to get a hold of the borrower. Wanted to try email, just to get the dial...
Hello BP Community,I'm a new investor who has just formed an LLC (sole member). I haven't been able to set up a bank account for the LLC yet, and my question is this: if I purchase and assign a property under the LLC...
I'm looking at buying the apartment building I'm currently renting in & potentially the building next door with seller (same seller for both buildings) holding note @ 7.5%. The 2 multi family buildings fit toget...
I need to know the best way to track tenants who take off and leave no address or contact information. I think this is called skiptracing, but I'm not sure how it all works. Please let me know what I need to do to t...