I just purchased a 1st position NPL on a home in Oklahoma and found out from FCI's bankruptcy specialist that the borrower had a Chapter 7 bankruptcy in 2009 which was discharged in 2012 but not yet closed. This was n...

There are Five important points regarding Short Sale Double Closings (A to B; then B to C): 1) Necessity of Title Insurance for the A to B transaction; 2) Necessity of Disclosure to Short Sale Lender ("SSL"); 3) Neces...

A few days ago, I downloaded the "Simple Waterfall Model - Private Equity" spreadsheet in the files vault section, that was created by Bryan Hancock. First wanted to say thanks it s a great spreadsheet.

I wanted to c...

Greetings all.
I want to add several clauses to my contract :
1. Unacceptable conduct, such as engaging with multiple neighbors and disclosing terms of my contract to parties other than creditors or banks and libelo...

I'm purchasing a first position NPN on a home located in North Carolina. I'm buying it through FCI Exchanges system, fyi. Seller has provided me the majority of the collateral files and I found that the address lis...

Good evening BP.  I have a few questions that I'd like to bounce off of the community regarding a couple properties that I have under contract.  1)  Do I have to honor the full terms of the lease or am I able to move ...

Hi, I am regularly cold calling to get a wholesale deal but I am experiencing extremely low conversion rates and I do not know where I am going wrong at for this to be happening right now. For this month I have worked...

My tenant called me a month ago to complain that he has burned up three TVs and he thought the electrical in the house was faulty. I tested the outlet and it was around 119 to 120. I put in a new outlet and told him...

I have ideas on this fireplace, since I cant demolish it (for now) I think a coat of paint is in order.What do you think?It wraps into the kitchen though, I was thinking of having some shelving placed on this side..

Here's a lease I'm working on for a property I now in CT. Anything you would add?Steve---------IN THIS LEASE the words "we", "us" and "our" mean the Landlord, ________________________.The words "you" and "yours" mean ...