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Results (10000)
Byron Scott How to complete a subject to deal
4 June 2020 | 4 replies

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...

Amy A. EDR Collateral Screen problem with loan
6 June 2013 | 1 reply

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...

Erik Nordgaard What Do Midwest Appraisers Look For?
17 January 2022 | 5 replies

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...

Blaine Shannon Trustee's sale of junior loan
1 February 2007 | 1 reply

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? ...

BENJAMIN KELLY LLC vs C Corp vs S Corp: Tax Issues
12 December 2016 | 3 replies

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...

Adam M Request another Appraiser ?
17 November 2012 | 4 replies

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...

Bill Tyler Structuring a deal with back taxes
25 June 2015 | 8 replies

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...

Account Closed I am re-taking the General Real estate exam (freaking out)
30 January 2016 | 17 replies

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...

Randy Duke ARV
27 January 2015 | 2 replies

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 ...

Frank Oliva Creative finance END GAME???
27 January 2023 | 7 replies

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...