Chuck King
Lease: Simple vs Complex
I am trying to draw up my first lease and I am at a crossroads. I am leaning towards a simple lease that notes the length, fees that will be assessed (late, returned checks, etc) and a few general rules (legal jargon...
Fletcher Clardy
Distressed Assets (notes,judgments etc)
I had a video conference call this morning evaluating a judgment pool we received and was considering purchasing.The pool was not very good but had a few gems that could potentially be recovered. If your unsure of a j...
Dori Arazi
SFR vs. Commercial. Running the numbers. Missing something?
I've been fortunate enough to have accumulated a nice actionable amount of equity and I'm raking my brain on how to best leverage it. I'm running SFR models against 1 or 2 more consolidated investments in Multi Family...
Account Closed
Is Umbrella Insurance a good buy?
Is having an Umbrella Policy good insurance?? I have several properties and they all have their own individual policies. Is there anything specific I need to look out for. Any recommendations of companies or do I stic...
Account Closed
100% Financed - Infinite CoC Return
Hello all,Has anyone ever stacked a Hard money loan 80% LTV and a Personal loan 20% LTV and then refinanced the personal loan into a PLOC at a lower rate to avoid PLOC guidelines that state funds can not be used for i...
Greg Junge
Portfolio Lender Question
Hi BP,I've heard of portfolio lenders and the value that they bring to an investor. My question is, can a portfolio lender combine/re-write loans for two different properties into one loan? If I had 2 single family ho...
Richard Patrie
Title Insurance. Yea or Nay?
Do you buy title insurance for your rental property? Even if your attorney does a deep dive and finds no issues, is it still a good idea?
N/A N/A
Information on Mortgage Jargon in Maine
Don't mortgage your future! You need to be armed with adequate information about the various mortgage options available and the best one which will suit you. It takes countless hours to locate this information. People...
Gabriel De Almeida
How to get code violation, pre-foreclosure, tax default lists?
Hey team!!Wanted to know how you guys obtain these lists from Massachusetts in general and how the systems work on a county level to obtain them? I know every state/county is different so I'm just wondering. Thank you...
Harold Looney
Creative Home Equity Loan
I am looking for creative ways to leverage the equity in a property I own without having to refinance and lose the great rates that I currently have from my mortgage modification. Using round numbers, the property is ...