Hey BP,I'm trying to complete my first "subject to" deal. Can anybody help me understand if I have to use an attorney inside of the county or town that the property is in? Both me and the owner lives in a different ar...
I'm refinancing a 5 unit apartment building and the bank just started doing "EDR Collateral Screening". I think EDR stands for "Environmental Data Resources". The result is quoted below:
" EDR collateral screen out...
Good afternoon from San Diego, I am looking to BRRRR in Kansas City and am wondering what do appraisers look for when valuing a house in the midwest, specifically in Kansas City? Are things like location and walkabili...
What happens if 2 junior loans are going to trustee sale on the same property? What happens to the senior loan? Why would you bid on a junior loan? What happens to the property if no one bids on the junior loans? ...
Real Estate is a part time business for me. My plan is to rehab and flip 4-5 homes per year. I have a full time job as an insurance agent where I am a partner in an S Corp. My paycheck puts me in the 30% tax bracke...
I am working on purchasing a property in Souther California where we have reached the appraisal portion of deal.
A few days ago the appraiser - 3rd party person contracted by the bank - contacted me with the intenti...
While wrapping up some business on a house in Detroit last week, I came across a SFH in a B neighborhood that interests me. It has fallen victim to a few of the typical things in the area (windows broken, damaged door...
Hey guys, I am preparing (well trying to prepare) and have been preparing for the last 4 weeks to re take my general exam! I failed it by 4 points and have to retake it again. Luckily I passed the state so I don't hav...
I am looking to make offer on a house to wholesale and I found some comps in the same neighborhood for 140k, but subject house is near RR tracks and a commercial looking building.My question is how do you adjust for ...
Hi allI have been consuming lots of information about creative financing watching BP podcasts and Pace Morby especially. I feel like I have a decent grasp of the front side of the concept. Finding property, speaking...