2nd position loan questions
How do you insure you mitigate the risk of not being paid back?
For me I use;
2nd lien on target property or cross collateral property deed of trust
JV agreement
Promissory Note
Pers...
Hi everybody!I thought I’d turn to the forums because I saw an interesting deal, but there’s some red flags. Since I’m relatively new to real estate, I’m hoping some more experienced people can guide me in the right d...
Having had so many investing students and BP members express their issues around funds, education or just plain fear, I thought it would be helpful for everyone to not only hear from investors having challenges or hes...
Hi, I am ready to renew the lease with a good tenant, He accepted the price increase proposed for the new lease starting in october (very reasonable) but has asked about an extended lease. I don't have a reason to be ...
Hi everyone,
I recently got contacted by an investor who is interested in doing a "subject to" deal on a condo I own. The proposal sounds promising, and I wanted to reach out to see if anyone here has experience with...
A lot of investors are reaching out to me right now, often those who are currently under contract on a first or second property. Luckily, almost all of the folks I've talked to are in strong financial positions overal...
Hello BP Community!My fiancé and I are new investors from California and investing in Fort Worth and Mansfield TX, however, it seems like our third income property seems to be taking us longer to rent. We purchased it...
This is probably not a 100% real estate question but more of psychology question i guess. So here is the deal, one of my very good friend is going through a rough marriage and lately he is been involved in an affair w...
Hello,So I am kind of stuck on an issue that I could really use your help on. So to have a quick recap, I am currently an investor and have 2 properties with one if them being a partnership with my dad. I have a ton o...