Hi everyone, just wanted opinions of this community. I have done 3 deals using a mortgage broker recommended to me by a real estate agent (who I no longer utilize) This mortgage broker was a little shakey on the fir...
I've seen very many posts here on BP from foreign nationals on how different (and often frustrating) the US banking system is, compared to their own. Non US citizens have meager institutional options when seeking to f...
My first rental I put under an LLC with a partner, my second was conventional with my wife, the next one i'm working on with my LLC partner should be moving forward soon. I originally had anticipated putting the loan...
I was planning on putting in an offer on a Short Sale property as a wholesaler. I have Buyers very interested. The banks DO NOT require an EMD, yet the Realtor is asking for earnest money. Why is this? I am trying to ...
Hello All!
I read an article by Dave Van Horn about a second position foreclosure:
http://www.pprnoteco.com/ezine-116-4-26-14/
In there he says that it may make sense to do so but does not elabora...
Yesterday I signed the paperwork on a 25 year lease with option to buy. The option amount is for balance owed on the sellers current mortgage loan at the time option is exercised. I'm making payments directly to the b...
This is my families property and it needs to sell so my recently widowed grandmother can invest the money into building accommodation for her to move in with other family so she is not alone, and remove the tax and up...
Hello everyone,I hope everyone is having an amazing weekendI have a quick question for some of our experienced investors in the group! We currently have a property under contract that we plan to buy and hold. The init...
Background: I have been looking into multi-family passive investing. I attended a multi-family seminar in early November, hosted by a guru (he hates the term but I'll call him that here for simplicity) who knows my lo...
I was at an auction recently, and a property I was interested in had a pretty peppered lien history. Here goes the my best description of the situation:First, I did a lien search by myself and found it to be very com...