Cynthia Hartley
Getting a property w/ a lien that someone purchased 6 yrs ago.
Hi BP Members,I'm hoping you can help point me in the right direction on a complicated tax lien situation. There is an abandoned property in Baltimore City that I would like to acquire. I inquired with the Baltimore D...
Davon Lowery
Coin-Op washer and dryer
So, finally got the second tenant for the duplex and almost lost them the same day. The tenants are responsible for their own electricity and gas, I pay the water and trash. My mentors have advised me to either, tak...
Account Closed
Can Assignment Clauses Bite You?
Hey Everyone,
My understanding of the wholesaling game is you get the property under contract and then assign your rights to that contract to another buyer for a higher price, and the money is made off the sp...
Dawit Wo
DSCR - Loan Terms
I applied in May and appraisal was completed in less than a week. Yet, I received terms 2 weeks ago, and CTC this week.
Rate: 8.125%
Processing Fee: $995
Closing Fee: $1,360
Origination Fee: 2.650%
Admin Process...
Danny Polanski
California is at it again.
California county bans landlords from conducting criminal background checks for housing!https://www.foxnews.com/us/cal...
Eugene Thompson
Need help! Homeowner probably needs a short sale/deed in lieu
Homeowner with equity in home, who wants to sell property, asked me for a deed in lieu, but I am a wholesaler and I don't know how to talking to a lender to negotiate on his/my behalf.
Home is comped at $1...
Tracey Lane
Transitioning a 1031 to Primary Residence
Looking for some input from the BP community.We're thinking of selling a triplex in Venice, CA soon. The property is owned 50/50 between my husband and me and my parents. For various reasons we have decided to sell an...
Benjamin D.
Can I draw from an existing HELOC before I sell? And a separate question about a lien
Hi, I have a lease ending on a rental property, and it's time to sell and buy in another location.The property has a mortgage, a HELOC, and also a 3rd lien where remaining equity was used as collateral for an unrelate...
Daniel Fenn
Investing from an IRA
What firms are out there that allow you to invest in real estate from a self directed IRA?I have an existing Scottrade traditional IRA into which I had rolled over my 401(K) from previous employers for consolidation. ...
Arthur Mayer
How are Delinquent Taxes handled/accounted for on NPN 1sts
Hi guys, I was hoping at add a few notes to my LLC, and I had a quick question on Delinquent Property taxes on a note. In terms of analysis/due dilligence, do you account the delinquent taxes in your CLTV when analyzi...