Melissa Haworth
Subject To Documents Question
If a seller wants out of his property but he is not behind in tax or mortgage payments what documents would I need to prepare to protect myself? I have only done seller finance when the seller owns property free and c...
Angie W.
Need Advice for Selling Your Property Without an Agent
I have a SFR that I have owned for 3 years that is now vacant. I would like to try to find a cash investor or owner occupant who would be interested in buying it as we currently do not have the time to properly mar...
Katherine D McCoy
How to buy investment property as a first property purchase
Hi! I've saved a solid 20% down payment with the plan of purchasing a duplex, intending to rent for additional income. Trouble is, I'm being told by local bank morgage officers that since we have never owned a propert...
Lowell Ash
Securing private lender's position
Does anyone have EXPERIENCE with borrowing from multiple private lenders and securing their interest in the properties that you purchase? I'm looking for a way to give them security in a property that I purchase with...
Vincent Polisi
Has Anyone EVER been forced to pay an accelerated note because they transferred title and the bank enforced the due on sale clause?
The "Due On Sale Clause" in every lender's note is a common investor fear due to the myriad of ways investors transfer title on deals.
In 30 years, I have NEVER heard of a bank accelerating a note that was paid timel...
Bryan Kelly
Private Lending Rate
I know that a large majority will state that deals need to be formalized and gone through loan services, however, please humor me. With a friend to friend loan, I know...taboo and risky, what would a fair rate be for ...
Tyrel Holman
how to properly use a line of credit.
So my line of credit of 140k just closed. What are some ideas on how to use this in terms of scaling my rentals properly
Kal Wol
What to consider when doing the 203K loan
Hello awesome BPs.I just learned about the rehab loan aka 203k today and I was wondering if it is a good idea or not. Recently I have got a house that is sitting on the market and needs a serious work on it. The price...
John Thedford
Conventus Lending in SF And Shellpoint Servicing? ONGOING TROUBLE
I posted in another forum about these people. Long story short: conventus has turned over servicing to shellpoint. Shellpoint has repeatedly cashed my checks (which were on time EVERY MONTH) and continues to fail to p...
Denise Na
Owner of property being sexually harassed by tenant
I have a problem with a person I am owner financing my property to and he won't follow the simple steps of how to make a Paypal payment to me without collecting fees. I have explained it to this man over and over how ...