Corey Dutton
Would You Lend to a “Bank Slayer?”
There are many law firms that have gone up against the banks since the onset of the banking crisis to try and get loan modifications or other concessions for their borrowers. Although many of these law firms and loan ...
Mike Mazzucco
Home Insurance for Assisted Living
Hi Guys,I am a landlord and considering renting a residential house out to a business that wants to operate an assisted living facility out of the house. I've talked to a couple of my regular insurance guys and none ...
Teddy Hebert
Due diligence on the borrower
Good morning, BP! My question today is regarding due diligence on the borrower of a distressed loan. Loan modification seems to be, according to much of what I've read, a good way to get a positive ROI.How does someon...
Skher Brown
1st project, insight on right loan product
Hey guys. I've been on BP for a while and am loving it. You guys are an amazing resource!
Scenario. I live in a duplex in Baltimore, Reservoir Hill neighborhood and need $30K to fix up the property right and rent t...
Carlos Handler
Trouble refi out of hard money loan
Hi everyone! I purchased a home with a hard money loan. I’m trying to refinance to conventional loan. The property is a single family residence 5 bedroom, 3 bath. The previous owner split the 2 story home into two uni...
Tracy Uscinski
Paperwork to keep on file when raising rent
We are about to raise the rent on our rental unit. The tenants one-year lease expired in 2021 and they have been on a month-to-month lease ever since. We are sending a letter notifying them of the rent increase. What...
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Land Loans
I do land loans! If you have been looking for someone who does land loans look no further. contact me!
Michael Diggle
Help with property I walked away from
Hi everyone so I'm looking for info on what I can do I save a condo I had purchased 10 years ago, I was 22 at the time lost my job at 25 and bank wouldn't refinance and I walked away, now at 32 and a father of 2 I'm s...
Chris Seveney
Cash for keys / Deed In Lieu
Had a borrower recently who we are foreclosing on because they have not paid in 7 years counter offer a cash for keys deal. We offered more than we usually do ($2500) as that was our estimated remaining legal costs.Bo...
William Sageser
Any idea how this bailout will affect our short sales?
Hey guys how do you think this Bailout will mess with our ability to
Negotiate with Banks and Sellers? Too early to tell? Any thoughts what floor on prices will result? Are 2nd's protected by this bill? ...