Lance Lvovsky
Business Summary of Coronavirus Relief
In addition to the tax relief introduced under the CARES Act, there are a number of other provisions non-tax related that are designed to help small businesses during this time of crisis.As always, consultant your tax...
Andrea M.
Caliber Home Loans/LSF8 Master Participation Trust ??
Not sure if I am in the correct forum for this post...but here goes:
Does anyone have any experience with Caliber Home Loans who are serviced by LSF8 Master Participation Trust . Initial lender was Beneficial...
Joan C.
Help! Crowdfunding investment in default
Hello, BP,One of my friends invested in a pre-funded 1st lien rehab loan in Patchogue, NY with one crowdfunding platform (many bpers are familiar with this platform ) , the loan has missed payment since March, 2016, b...
Peter Fennig
BRRRR Strategy question??
Hi bp, I've been flipping for the last 10 months while at the same going through a divorce for the last year and a half. That finally came to an end back in march but severely damaged my credit which was in the low 70...
Sheryl Williams
Why was the payoff so much higher at foreclosure?
My FHA loan foreclosed with a principle of $140,000. The bank auctioned the property stating I owed $153,000. It was sold for $155,000 and I only received $800 in surplus from the trustee after they took their fees of...
Samson Hollmérus
Apartment in a 3plex. 2Bd, 1Ba, 213 sqft
Investment Info:
Other buy & hold investment in Korsholm, FINLAND.
Purchase price: $125,000
Cash invested: $5,000
Apartment in a 3plex.
Its a 2Bd, 1Ba, 213 sqft
First home buy and hold.
Wh...
LaToya Morris
Lender Demands Payoff 3 Weeks After Closing
Hello everyone,A client closed on a cash-out refi on 12/26/23 and we received the final settlement statement that morning. The lender's payoff amount was good through 12/31/23. He used a hard money loan for partial pu...
Mike Dymski
monetized installment sale
I am considering a monetized installment sale and would be grateful to connect with anyone who has done one before. This is a difficult transaction to get comfortable with and not a widely known strategy.For those no...
John Baker
First Fix and Flip Investment Completed - Cary, NC
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $289,000
Cash invested: $80,000
Sale price: $410,000
First Fix and Flip project completed. Some highlights belo...
Rick Howell
Potential Pitfalls to Closing the Deal (and How to Avoid Them)
If you have ever been through the process of closing a real estate deal, you know it’s a long process. From agreeing on a purchase price with the seller to securing financing with your lender, there are a lot of movin...