I know for a fact from the last Call Report on a bank I have located, that they have $109,000,000 in non-accruals. I also know they have the reserves to cover selling these assets. I made contact, (I thought) with t...
I remember hearing stories from my finance professors about how when interest rates were high in 70s the banks would offer mortgage borrowers a chance to payoff their loan at a discount to the principal balance. Pre...
Hey there BP community,Christian here, Quick Question. Can you use your personal homes equity as "skin in the game" in a hard money loan?I have been trying to improve my credit to a point where i can get the equity ou...
I recently purchased a building with one bedroom apartment so am asking this question hypothetically so that I can approach it correctly if it ever comes up in my screening.
Can you reject an applicant applying for a...
While I know this is my first post.. I am mainly a lurker, I like to get all information I can.
Here is the scenario, I have an opportunity to buy an apartment complex for 18,000 dollars and it needs to be fixed up,...
So I’ve been talking to a guy about selling his piece of land too me since he wants to move and start new. I want to get the exclusive rights to buy the property and/or have a contract that’s legally sound made so tha...
The Austin area real estate market has steamrolled through 2020 so far with little regard to the pandemic. According to the Austin Board of REALTORS (ABoR), July 2020 saw significant year-over-year gains in closed sal...
Since being laid off on April 1st, I've spent the last 7 weeks reading, listening, reading, learning, reading, watching, etc.
The world of real estate investment has always equally excited and scared me. That feel...
I just started looking at this subject and already I have seen thousands of ads and discussions about tax liens. It seems there are dozens of experts (con artists) that will show you how to make millions in tax li...
HEY BP Nation:
A family friend passed away leaving her estate behind to her husband. Her estrange children seem to have hired a rest estate agent to handle everything.
I would like to purchase this property with a ...