Hi all,How would you record the "Capital Contributions" to an LLC in the ledger section for the following scenarios: Scenario 1: Let's say the equity in the property is $60K and mortgage is $140K before the transfer. ...

Hey there, we bought a note for about 8000.00, non performing, and have not had success with contacting the borrower.  We need to be included on his insurance policy for the property.How does one contact the homes ins...

I'm in the process of purchasing a 4 unit apartment building in central Maine. The sale price is 215k and NOI of 24k annually. I will be purchasing with a conventional mortgage which requires 25 percent down.  Looki...

Hello BP family, I came across an interesting deal. I found a house that has people who are behind on mortgage and in pre foreclosure. The owner cannot pay due to having a stroke and wants to sell or have someone tak...

Lets say I set up a sandwich lease option and the seller has a mortgage on the property.  What if the seller fails to pay the mortgage and the house goes into foreclosure? How do I protect myself and my tenant buyer?

BP,Does anyone has experience running into trouble getting title insurance on a property they purchased in a County Tax Auction. My business partner bought a SFR at a Wyandotte County KS tax sale. We have tried 5 diff...

I am 37 and currently live in a home that is worth 500k and is fully paid off. I am planning to purchase and move into my next house of $650k. We have more than enough for the down payment.
Would it be better to:
...

I'd love to hear what everyone has to say!

Hi all,What’s the best lender for a jumbo mortgage with 10% down, credit score of 760+, and many investment properties which makes the case complicated. Having trouble getting the lender to allow income because of lac...

Hello all,I want to participate in a tax sale in Maryland. This would be my first time participating in one and my question is, when is the right time to get an attorney? Do I need one? Also are there things I should ...