The foreclosure process is the legal process by which a lender or creditor can seize and sell a borrower’s property in order to repay the outstanding mortgage debt. The process typically begins when a borrower fails t...

Hello BP,
I was wondering if a form of insurance exists that a note buyer/investor could purchase to protect themselves against a borrower defaulting as opposed to going down the foreclosure route. Sort of like a ret...

I started in a partnership 3 years ago. I was the money man and a seasoned REI guy was going to be the operations. I have gotten all my money back in refinances from my initial investment, but my partner is not fulfil...

Let me start off by saying that I am NOT a financial or legal professional and none of what you are about to read should be construed as either financial or legal advice. Always consult a qualified professional.At my ...

Hello everyone,Happy Friday to you all!I was wondering if there are any major differences in lending companies that work with home equity lines of credit (heloc)?Also if anyone has one they could recommend it would be...

Hi all!I have been dealing with a buyer (now considered a tenant since he's defaulted on his payment so many times) that has stopped making his payments. I have been told by a local attorney that I could evict him, bu...

Hey Guys,I was closing on my first multi-family in PA the other day and the lender had me sign a confession of judgement tied to the loan. It was the first I ever heard of it and after closing I researched it. After r...

There is a niche in the hard money lending market. Most large hard money lenders leverage their loans with a line of credit from a bank. However, smaller scale lenders (less than $3,000,000 in loan tape) don't have ac...

okay so i meet a owner yesterday in the notice of sale stage from the default. The auction is in 21 days. what can i do with this because they are willing to do anything to avoid foreclosure . they say that they ca...