Tim S.
How does a Quitclaim deed affect the note?
If the owner of record Quitclaims the deed to another party, does the note need to be modified as well to reflect the new deed holder? I would think the answer is yes. I'm looking at buying a note where this is the ...
Benjamin Cowles
Why does it matter if a preforeclosure is "under water"?
When qualifying a property, why does it matter how much it is under water if the bank will still only be able to get the highest bid at auction? Isn't the bank just as likely to accept a short sale vs going through a ...
Sam M.
Musings about fraud
I was thinking today about the discussions we have had about fraud and what it means. I got to thinking over the last several years of my construction career and realized I was just as passionate about exposing fraud...
Sardar Mustafa Khan
How to Find a Loan Number?
I have a seller who left his property to his ex-wife 10 years ago, and she stopped making the payment a few months ago. It’s now in pre-foreclosure but I need his loan number in order to attain his mortgage info. Is t...
Ryan Freet
Columbus Area Buyers
How has the market affected buyers in the Columbus area? I feel many haven't been hit terribly hard financially yet, but many buyers have pulled back as money as tightened up. I know I have stopped looking at bigger p...
Jeff Tumbarello
Too bad we do not work like this.... Securities Manager Sentenced to Death for Embezzlement
Securities Manager Sentenced to Death for Embezzlement - BEIJING - A Beijing court upheld the death sentence of a former securities firm manager found guilty of embezzling 60 million yuan ($8.8 million), his defense ...
Kamenin Earl Banks
Pay consumer credit first or save money?
Hi everyone!
I need some advice. I just read Sott Trench's "Set for Life". It was a great book and I am going to follow his ideas. But I'm struggling with deciding whether I should pay off my consumer debt first or ...
Jonathan Cope
The Book on No and Low Money Down - Review
Today I finished @Brandon Turner 's new book on creative finance.It was terrific.Thanks to BP and @Joshua Dorkin for publishing it.I'll admit that I did not expect to learn a lot, as I have been investing for a while....
Martin Saenz
Is it time to adjust your Note Investing Acquisition Strategy?
All you hear is that inventory has dried up. Me personally, I’ve been working harder on expanding my network and going after larger take downs. I’m also looking at other Non-R/E Note opportunities.What is the rest o...
Vee L.
Separate entities to manage vacation rentals?
I'm in Houston, TX. I have a few Short-term vacation rentals that owned by an LLC. I have been managing them in this existing LLC. I plan on scaling up and adding a few more of these. Should I create a property manage...