Tim Silvers
QUIET TITLE ACTION VICTORY on 2ND MTG/HELOC but with a CATCH
So I retained counsel to file a quiet title complaint to remove a defaulted and charged off 2nd mortgage HELOC that under state (NV) statutes was no longer enforceable (past the 10-year SOL from the date of accelerati...
Account Closed
Paying Out Investors On A Flip
I know there is no universal way of structuring flips, but how do you normally pay out your investors for a flip? Duration 6-12 months. Raising $365,000. Am putting in $75,000 of my own money. Do you pay out an annual...
Neil Aggarwal
Investor offering lease purchase, is this a scam?
I have a house available for rent.I got a call from an investor that says he has a buyers pool and they can buy the house from me on a lease purchase. The buyer will pay my full asking price, I collect rent for 12 mon...
Jeremy Schappert
My Strategy For Selecting a Mortgage Lender/Broker
Selecting a loan officer in brief…For experienced home buyers, I want to quickly lay out my strategy for picking a loan officer. Subsequently I’ll go into the detail for those interested or less experienced with the ...
Michael Davido
Analyzing a rented duplex
This is a deal that the BP calculator seems to make work. It would be my first investment property. It is about 1 hour and 15 minutes from where I live.Purchase Price: $139,900Closing Costs: $6,300 (I went with 4....
Chanise P.
Loan Officer and Real Estate Agent, No References....?????
Hi All,So i found a real estate agent and loan officer thru bigger pocket referrals and was ready to meet with them.....until i asked for references AND both hit me with what I feel to be a lame excuse. "I can't give ...
Jay Hinrichs
BP community let me know if you think this is a legit lender
I got this in my inbox on BP would you respond to this and think this could be what your looking for in a private lender.???Hello,Have you been searching for a legitimate loan from a private lender with no success?Se...
Chase Olson
Assumable Loans to obtain past interest rates.
Does anyone have experience in assuming someone else's mortgage for a fee? I'm looking at buying a SFH that had a refinance back in 2020, so I am assuming the interest rates on the mortgage are lower than they would b...
Ryan Harris
Affordable Dallas area escrow?
I am considering buying a 3/2 SFR using a typical house hack approach with VA loan in Dallas. Shopping around for cheap escrow services. I don't need the title insurance, just a company to handle the settlement paperw...
Gere W.
Section 8/Metro rules
Where would I find what I can and can't do with section 8/metro tenants? I'm located in Ohio. The places I'm generally interested in include Columbus, Sandusky, Zanesville, northern Ohio. My initial thought that promp...