Hello BP,It's always fun posting stuff on here and hearing what everyone has say, but i'm afraid this post isn't quite as pleasant.  Nonetheless i'm sure there are lessons to be had here and I would greatly appreciate...

Hi,

I was wondering what the repercussions were for a fix and flipper (borrower) if they were to default on payments and get foreclosed on by their private money lender.

If the foreclosure process wer...

Hello everyone,I recently found and signed up for this great site. So far I've been reading a lot of posts and figured it's time for me to get involved a little more.I recently started my research for putting together...

I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...

I am looking to invest in my first rental property. For a first time investor, is it better to purchase a home out-of-state with more cash flow or a property in closer proximity with less cash flow? More specifically,...

I need quite of bit of help as this is the first time I'm dealing with a tenant breaking a lease, and I have a number of questions. (I'm a small time investor with only a couple of properties.) Tenant had been living ...

Hello everyone, I am a new landlord with little experience and wanted to get some insight on a rent increase I am planning on my rental home. It hast been 2 yrs since the tenant moved in and assuming they want to sing...

Originally posted by Jon Holdman:I'm taking back a house this week because the borrower hasn't been able to sell it.

Jon, sorry for the thread drift, but I've been wondering, when the lender (you, in this case) fore...

Can someone please help me understand the the reason why these low cost properties are so popular?

It seems that many people are purchasing these low cost properties that generate a net positive cash flow of about $...

Hi guys, I have these tenants who moved in this past June. They seemed like great people and have done a great job with the maintenance of the unit. They painted one room and even planted a flow bed in the front. Thes...