Hello BP Nation, I am a rehabber/buy-and-hold investor. A possible wholesale deal has fallen into my lap, and I would really like some help from the talented and insightful BP populace. I am a fish out of water in thi...
Working through a messy permitting issue in Los Angeles, CA. LADBS is requiring installation of a fire sprinkler system. I plan to submit for a modification. Does anyone have advice on an alternative Active Fire Pr...
Anyone understand how HUDs new loss mitigation concept supposed to reduce mortgage payments? I'm not getting it. Particularly this paragraph here. I just don't see how the extra 2nd mortgage is supposed to (temporaril...
We are marketing some Re-Performing 2nd lien notes for one of our funds we buy from, and I consider any time a note defaults and starts paying as a Re-performing note. They have 18 months of "seasoning" and they say i...
I just listened to a presentation in which a lawyer (SDIRA expert) said that you cannot perform physical work on your own rental properties held by your self-directed IRA. This would be a prohibited / self-dealing tr...
What is needed to successfully negotiate and close on a residential short-sale property subject-to the exsisting loan? Does the bank require you to have a certain income level etc in order to take over the person's mo...
I have been renting a property for 2 years now and making rental payments directly to the mortgage company. The owner was in foreclosure but I helped the owner through the modification and now finally approved and mo...
I would consider myself still a newbie in Real Estate investing. I have a rental property that brings in $250 per month. The house I live in, I was able to get a modification. Now my mortgage payment is $326 PITI-H. I...
So I’ve got this lead that’s in Pre-Foreclosure. The house is going up for auction next month. The lead owes about 43k on the house. She wants to save the house and not sell it. She says she’ll have her arrears by the...
We rented our 13 year old cabin to a tenant who put nail holes in the pine hardwood floors and also around wooden door frames and wooden baseboards. The lease addressed this and stipulated no modifications without au...