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Following @Steve K.'s recent post on rising rents in his greater area, I took a look at what's going on in my small, urban target area. I'm looking at a clear 25% rise in newly posted rental properties per-square-foot...
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Good Morning fellow BPers.. I hope everyone is doing well. I have some questions on whether to sign up for a forbearance or deferral program with our mortgage on our home and 2 STR's.. We have 2 STR's that have be...
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In the lending industry, there is a commonly used term called a “shopper” to describe a person who is calling every lender in town to find the best deal on a loan. Experienced lenders can usually spot a ‘shopper’ a mi...
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My lender is warning its clients that it will no longer accept payments from a business bank account, which is how I’ve been paying the loan since its inception many years ago. They insist I must pay using a personal ...
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This is an unusual situation, but I'll try to do my best describing it. I wasn't sure if it his question should go here or in Notes Forum.Seller and her husband sold on "Assignment for Deed" contract that is recorded ...
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Greetings BP Fam,I have over 250k in debt (credit cards, mortgage, school loan, car loan) and I’m only bringing in about $400/month. I haven’t had W2 income in over a year and my wife is working part time. My LLC is a...
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I have been wanting to own rental properties for years now, but have never had any semblance of financial stability to do so. Recently I have gotten that a little more under control, and was introduced to this site. I...
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I have been seening alot of post of how to do double close in CA.
YOU CANNOT OR YOU WILL BE IN JAIL
Detectives label this transaction as "you a perpitraitor". You will be in p...
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I've been thinking about a creating a direct deposit account to accept rent directly from tenant checking accounts to mine. I would have to give those tenants using direct deposit the account number. It would save...
Is there a difference between the two?
If the loan terms were the same, would you be more likely to work with a private lender or a hard money lender?
Hard money lenders use private money, so to my mind they are the...