Hello BPers,I'm an LLC hoping to jump into bed with a sexy HELOC loan and strip down all my equity in an investment property.My question for ya' all: Is the entire amount of HELOC credit protected from creditors? Or o...
We are looking at possibly using capital stacking to fund holding costs and a light rehab for a sub to property we own. We were referred to a company who does capital stacking. Their fee is 9.9% of the total amount we...
A few days ago, I received a call from a person who is both the sole heir and administrator of an estate. His mom's ex-attorney is also helping him navigate his way. He wants to sell three properties that belonged to ...
Hi BP Community Member(s),Six months ago I set out on a cosmic journey away from the manufacturing world with a good friend to go into the business of REI. Generally in the fields of wholesaling/flipping/buy&hold ...
I recently got a mortgage on my 2nd investment property (within the last 15 days). I asked the loan officer to send a copy of my credit report just for curiosity. The bank rep said that they are not allowed to give...
I'm looking at an incredibly cheap 2-family ($16,000) that actually has month to month tenants (~$1k gross/mo). The numbers could be very appealing no matter what "rules" you apply.
There has to be a reason it's a s...
I was a PMP on a deal and i gave my partner 3 months' worth of the mortgage in advance to stabilize the property. We bought the property via SUB2 and he has never made a single payment to the mortgage company. I came ...
So im in a hard place right here. and i need help ASAP...
I recently ran into a seller i got from one of my marketing tools, and his situation is as follows...
His fathers is the owner of the house, the...
So , I don't know if I have ever heard so many different stories as I have regarding Due on Sale Clauses, changing title to an LLC or Land Trusts. I can not believe how many people I have spoken to and how many artic...
Hey everyone,I'm considering bidding on a foreclosure at an auction property- but it's a second mortgage, which means I would still need to pay off the 1st mortgage if I win. But... I can't seem to find out the bala...