I currently have a deal that may be too good to pass up. I’m new to REI and am just learning how to get started. I don’t have much money saved up, but here’s the deal. My dad has my childhood home that he has been pay...
Hello All,
I would really welcome advice from anyone experienced in mortgage brokering. I hold the note on a home in Arlington, VA. The amount of the note is $420K, and the home is currently valued at roughly $450K....
Hello all:
I have a man holding a note he wishes to sell. It has a face value of 25K at 6% for five years. The payments are about $480 per month and they have made six payments. Note holder wants 21K for the note...
So... I've got this apartment building under contract. I've advertised it to the two local REIA groups we have here and I have it posted on Craigslist. I've called several people in my network to let them know. I'v...
Background: Last week Arbor Realty Trust foreclosed on four apartment buildings in Houston. The Unpaid balance was $229M and the sale went for approx. $197M (15% discount). The borrower had short term bridge debt on e...
Hello everyone I would like to get your take on this situation.
I sold my primary residence a year ago to down size and I'm currently renting until I decide where I would like to live next. Now that I'm looking to in...
Hi all! My name is Brandon (not the famous one) Craig. I'm 25 years old and I live just outside of Philadelphia in Delaware County. I've developed a tremendous interest in real estate, thanks to BP, and I'm itching ...
Hi all,Still trying to wrap my head around the basics of note investing. It seems that to calculate actual returns, you need to of course factor in your acquisition costs, but also the servicing costs. FCI charges $1...
Hi BP Austin community,I am an OOS investor with a RE in South Austin. Could someone direct me to some really good property management companies that offer better value to the owners ? I see some creative companies em...
Was just told by an inspector that if they want to know if the house has a septic or cesspool I need to hire a septic company. Is he right? Is that the only way to find out? Seems very expensive! Thanks.