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So I thought I was buying the 1st mortgage here's what happened.2nd Mrg 200K in 2009 - harris bank 1st Mrg 100K in 2007 - harris bank - this is the one that is being foreclosed, but it also has a subordination file.Th...
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A Gentlemen is attempting to acquire property in Alabama through adverse possession. In the meantime, he is renting the property. Has anyone had any experience with this type of situation? He has been in possession...
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What's up with Memphis? Hey BP a friend pointed me in the direction of Memphis and said that it is where I should be looking at my next round of investment properties. What should I expect in Memphis? What cap rates I...
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Hi, I got a "criminal complaint" (misdemeanor) from Cleveland Municipal court because my property in Cleveland has "High Grass and Weeds".I pleaded Not Guilty because the PM confirms it is the tenant's responsibility,...
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Hello BP friends, I am looking into wholesaling and I am not sure on contract verbiage. Here is an example of my question.I get a property under contract to buy and or assign with a 45 day term to close. I am unable ...
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I am interested in buying a non-performing note of a property in California that is tied up in BK and has been abandoned for several months. Ultimately I would like to foreclose and acquire the property. The former ow...
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One of most prolific and powerful tools of “creative” finance in real estate is the lease-option, but this tool represents only the proverbial tip of the iceberg when it comes to the most powerful breed of derivatives...
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I'm a newbie from CA trying to invest in my first rental property in TX or some other states with healthy RE market (good cash flow and landlord friendly). After doing a lot of research, I heard a lot of different opi...
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Hi, I'm a newish landlord and could use some advice.I have a tenant moving out this month who has generally been a good tenant other than she is moving out a few months early (although our market is super hot so not a...