Chris Seveney
Thank You Mr. I Don’t Know
Got to give a shout out to a tax lien investor who had some random gmail address and went by the name Ben.So, one of the unique things about note investing is when you buy a pool of assets is sometimes a seller is clo...
David Cas
Tenant hired bad cleaning company that damaged property
Hi, this is in California.Per our lease, the tenants were supposed to leave the property in the same condition it was found (minus wear and tear). We agreed to let the tenants hire a company for deep cleaning and carp...
Sam Pat
Loan Assumption on a commercial property
Hello BPI am new to this BP Forum and have a newbie question about "Loan Assumption" and pre-payment penalty clause on a commercial property I am interested in.Property value (asking price) $1,500,000Original Loan amo...
Maxwell Lee
Subject To (previous owner's mortgage)
Hi, I am wondering what is the proper way to close out a mortgage on a home we acquired subject to. We purchased the property a number of years ago, the loan has actually since been sold to a different lender, and we ...
Alyshan T.
Short sale from my mother
My mother-in-law can no longer afford the mortgage on her existing home and my husband has suggested we move into her home. She said she is willing to sell it to us for remaining payoff amount. We figured if we purcha...
Cameron Ellis
Selling Seller Financed Notes
Is it possible to sell seller financed notes? If so, who would be the buyer of the note and what are the standard guidelines one looks for? i understand this is something a lot of investors do in the Houston market bu...
Karen Smith
How to Identify Top Real Estate Investment Opportunities for Private Money Lending
How Do You Identify the Best Real Estate Investment Opportunities for Private Money Lending?
Mallory Guerrero
PM & Security deposit
Our PM company and our numbers aren’t adding up... this is from them...
“As we are required to hold the amount of the security deposit, it is deducting from the ending balance each month and what’s left is sent as ...
Matt Cramer
Mortgage or no Mortgage?
I'm looking at the different advantages of purchasing properties cash vs mortgage. Obviously I like the lack of risk with purchasing cash but I also like the leverage of purchasing with a mortgage. IE buying 5 50k pro...
Michael G.
Reverse Mortgage Experience
A probate property I want to wholesale has a Reverse Mortgage with Financial Freedom.
Googling complaints against Financial Freedom reveals some unsavory practices by that company.
I'm assuming when my buyer goes to...