Has anyone done an extension on an open ended loan?  I am familiar with the concept, but not so much with the nuts and bolts of how to get it done.  I believe there needs to be a new note and security instrument.  Not...

Hi, I am buying a row house tomorrow. I was not aware that the second house to the Left was going to be torn down, I discovered this when I drove by. Is there any recourse to stop the purchase without losing my deposi...

Hi Guys,How do underwriters calculate a HELOC on the DTI calculation during a 10-yr draw period?1) Do they include the actual Interest-Only payment reported on the Credit Report?2) Or do they term out/fully amortize t...

We have a house under contract (going on 3 weeks now).  It is a rat trap and a hard sell, but we have an investor that wanted to see it.  We called the owner to make arrangements and he said he sold it to his neighbor...

Hey guys! I live in San Diego, CA but my team and I will be buying property in Jackson, Ms or any surrounding areas. We are learning the skill and getting the financing in order.I would like to connect with any others...

Hello,

I myself invest into a fund and have my own investors (that are not shareholders in my company) and want to know the options for protecting every individuals interest in case the lead (or only manager) faces u...

Hello BP Community,I am moving to Ocean Springs next month so I am in the market for a new place to live.  I have been looking at multi-family properties in the area.  My plan is to start off with a duplex utilizing t...

We are looking to remodel our home to resell and we are stuck on what to do with the floor for maximum home value improvement.
Our one bed/one bath home has hardwood in the living room and bedroom, however, there are...

Seeing alot of info on this, however I really only want the messaging part. Who has the best system for messaging only?

Hello,
Does anyone have a template for a contract between a private lender and a real estate investor? Something that settles agreed upon lending rates, payment schedule and default follow up options.
Any thoughts wou...