DJ Cummins
To LLC, or not to LLC, that is the question
Hello Everyone!
So we are trying to start getting our ducks in a row before we start shopping for our first property. I don’t want my wife and I to fall in love with a deal and jump on it before we have everything r...
Jeff S.
Anyone do a will instead of a trust?
I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...
Sydney Tiffany
Useful Real Estate Vocabulary for Beginners
I found this to be helpful in the beginning, hopefully you will aswell ...
acceleration clauseA clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. T...
Daniel E.
Borrower Fighting Foreclosure: Part 2 - Mediation Request
Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...
Justin Hutchins
$10k to invest..... Hard Momey Fix & Flip or Rentals....
So I am as new as it gets to real estate investing and I want to start investing and making passive money so bad I can’t stand it! I literally wake up to audio books and go to sleep reading the forums on BP. I have $1...
Luiz Souza
FREDDIE & FRAUD!!
Any thoughts!! Is this new??
http://www.freddiemac.com/singlefamily/news/2010/0412_payoff_fraud.html?attr=EMC-SFNCAEFTSPF
Matthew Hall
Is the DOS clause actually spelled out in the mortgage or just implied because it's not assumable?
The mortgage I'm looking at says nothing about a DOS clause but does say it does not have a "Demand Feature," which apparently allows the lender to call the loan due for any reason. It does however have a box checked...
Trevor Miller
Off Market 11 Building Property -First Commercial
I started my REI path looking into multi family 2-4plex homes. I’ve made a few offers but the right deal hasn’t popped up yet. I recently sold my rental property of 7 years and have $70k capital coming out. Closing ...
Danny Johnson
Direct Mail: Long Copy Vs. Short Copy
My experience:
I've done a lot of mailings in the past to owners of vacant properties that I've found while driving neighborhoods and for out of town owners (compiled from county appraisal data). The mailing sizes w...
Brian Bradley
Delaware Statutory Trusts (DST) and Investors
Thank you for visiting this forum. If you are hear you have heard about the Delaware Statutory Trust (DST) and are looking for more information on what they are, what they are good for, how do they work in protecting...