Hello BP community. My parents own a duplex in the Los Ángeles area and they are currently going through a divorce. My mother wants to keep the house and my father is willing to accept cash in exchange for his share i...
Has anyone been successful obtaining a mortgage from a traditional lender without having a credit score? I have heard some lenders use manual underwriting if a borrower has no credit. (Note: I am not referring to bad ...
I was reading upon the SAFE Mortgage Licensing Act that to establish and maintain a nationwide mortgage licensing system and registry for the residential mortgage industry and I had a question related to its applicati...
In my research on the "Subject to" financing technique, some are referring it to a "Wrap-Around Mortgage". My understanding of "Subject to" is that we would create an agreement that we would be taking over the payment...
Please help me look at this deal. I am getting really close to my first purchase. Have been learning all I can here, but feel nervous about my interpretation of how to analyze a deal and I know many of you can do i...
Need the BP brains to help me with a Car Wash hack. I'm looking at buying a self-serve car wash and force value / revenue by installing a car port / detail bay for a mobile detailer to be stationed there weekly and of...
Liz Weston: The best ways to build credit nowNEW YORK – Oct. 18, 2016 – Once, building credit meant taking on debt – sometimes expensive debt like a car loan or a credit card with a high rate.Today, it's possible to ...
When doing a Contract for Deed, how do you protect yourself, as well as anyone you place in the home?How do you prevent the Do On Sale clause from being exercised?I see many people promote doing deals in a creative wa...
Hey BP,So my grandparents have been trying to sell there house for a few months now. There is no mortgage on the property. They have already moved out and are living with my aunt and uncle in an in-law suite. The hous...
Hello! After being outbid on multiple other properties, I am finally under contract on a duplex for 435k. It's a 1950's home, has long term month to month renters at 1200 each. On septic that hasn't had proper inspect...