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...

What does PI and PITI mean?

(Price: 100 unit @$4m-$5m PP, @$1m down)
ACCURATE CONSERVATIVE RETURN NUMBERS FOR APARTMENTS:
Income #1)Cash flow:@8%-10% ROI =$6.7k-$8.3k/month =$80k-$100k/year
Income #2)Principal Pay Down: @33% minimum of $3m m...

looking at a property tommrow It's has a mortgage the person is highly motivated if the pay off is out of my range as far as a wholesale deal . I'm considering trying to put together a subject to deal who can help i...

I am considering purchasing a property from an investor that was part of a "bulk purchase".  It seems that a handful of investment properties were quit claimed from a bankruptcy trustee to this investor for pennies on...

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...

Hello BP Family,I have been doing research on how to properly buy trustee sales in Midlothian VA.  There are great pieces of information but i'm struggling to find a location where all risk associated with their mitig...

Hello Mortgage Gurus,I opened up a book on amazon.com titled "The Art of Commercial Brokering" authored by E. F. Dupuy, and I read from it that someone can work as a Commercial Mortgage Broker or Commercial Mortgage O...

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 ...

Hello,New Member here. I'm in escrow on a rental property in Los Angeles. This is my first (US) property purchase and I'm using a company that is a realtor specializing in rental properties, with a management company ...