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I need some help with this process. I've been researching how to go about setting up seller financing for a relative of mine and have had a difficult time finding any information.
Here's the scenario: the seller has ...
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Check out this excellent article from Banker and Tradesman, "You Rarely Know All Your Agent Does". While it mostly focuses on listing agents, the same holds true for buyer's agents.
You only know some of what your ag...
Question: I am sure many of you have run into this in the past, where a credit check will show nothing regarding public records (judgements, evictions) but I find them on the public record. Sometimes it is that the a...
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I owner financed a house about 18 months ago and the buyer has fallen on difficult times and is currently unable to pay. I have worked with him as much as possible, but his situation is not changing and his ability to...
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Hi All,
I just purchased a nonperforming note in 2nd position on a nice home in Los Angeles. The first is performing and listed with Chase. There is equity in the property even with both the first and my seco...
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Hi BPers! My friend has a condo in South Padre Island, Texas that I’m interested in. I currently own 3 houses in the Arlington, Hurst, mid-cities area of Texas, so getting a 4th loan may be tricky and very time consum...
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Response to Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers Response prepared by Rishel Consulting Group – a consultancy for chattel lendersRishel Consulting Group is a nationwide consultancy ...
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I just received bank approval, but after looking at the home again I'm concerned that the cost of the repairs will be more than I had anticipated. I will be bringing in an inspector and contractors to nail those fig...
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Hi everyone, I have lead on a house that the owner just died and wanted to track down the heirs. The house is in Portland, OR but I live in Austin, TX how can I get a hold of the person responsible for the house? Than...
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Hello Everyone,What are some habits that you guys recommend for new investors? I'm working on developing some great habits. Currently, I don't have a job and my day is pretty open. I do have a lot of time on my hands ...