Bruce Bennett
How to spot scams or is there a site that evaluates DSCR lenders
Very new to creative financing, looked at DSCR loans last year but don't know how to check on the lender for reviews or scams. I can search it but same deal, the search engines don't evaluate the results. Thanks for a...
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Pursuing NOD/ NTS
I have purchased one foreclosure in my neighborhood and it was proftitable. What are some proven ideas, tips, stratgies to find, close another people are using. Doing mailings and door knocking. Any other proven metho...
Norma Cole
Analyze the deal
I am interested in investing in multi-family 5-50 unit (small apartments).What are the most important factors to consider when analyzing a deal for the first time? What can be done to quickly get a general idea if it...
Phil Falcini
Any Info on Velur Enterprises Out of SoCal
I was introduced to someone from Velur Enterprises. They are a huge land banking company out of Los Angeles and are focused in the Antelope Valley (Landcaster / Palmdale) area. If anyone has information I would apprec...
Peter Lipschutz
Owner occupied verification
How do you verify that a note/mortgage is "attached" to a owner occupied property? When reviewing a tape, is the provided address the property location or the borrower's mailing address (I assume it's the property.)? ...
Hisashi N.
AC Theft Protection during tenant vacancy
Hi BP folks,I own and manage handful SFRs and recently had a AC outside unit stolen from a vacant SFR after the previous tenant had moved out. I had a same problem before when rehabbing other SFR and put a cage on it...
Mike Dorneman
Pressure testing plumbing in a vacant home
Just went under contract on a bank foreclosure. The building has been vacant for a year and utilities are off. The bank is unwilling to turn anything on for my inspector to test. That said, I’m planning on having a pl...
Bob Stevens
Please take my advice, I have done this once or twice
Ok so I agreed to buy a duplex, all in will be about 65k, ( PP 24k) with rents of 850/950, up is 3 br , large net cap 20% +. So here is what ALL buyers need to do ( I provide whenever I sell) . Tell the seller you wa...
Heather Little
Lenders - Looking For Feedback
Does anyone have any experience with the below lenders?
1) Brrrr Loans
2) Trius Lending Partners
Any feedback on your experiences would be greatly appreciated!
- Heather
Madison Lowe
Business Structuring
Any comments:
An real estate attorney wants to sell me on several land trusts which will hold long term holdings in an LLC. This strategy is to be used for estate planning, privacy, lawsuit protection and eas...