Tehseen Baweja
2nd Lien Non Performing Notes and Bankruptcy
As I educate myself on Notes, I would love to know what are some of the strategies and due diligence requirements when looking at 2nd Lien NPN and chapter 7.Here is an example:Sale Price: $8kUPB: $100KProperty Value: ...
Jeffrey M.
Qualifications for Loan Mod for Homeowner in Default?
Hello beautiful people of BP! So I work for a company that purchases preforeclosures and specializes in short sales. I want to build genuine rapport with the sellers I get into contact with and I understand that a loa...
Dan S.
Stacy Kellams: Tax Sale Arbitrage
Stacy Kellams just released his new program called Tax Sale Arbitrage. From what I can tell, it deals with finding people with unclaimed funds and then collecting a finders fee for getting them the money. It sound...
Matt Batson
How to sub2 my home
I have a small single family rental home in NC for sale. I currently only have it posted on craigslist, with owner financing and lease options as possibilities.
I got a call from a husband/wife who are ve...
Shawn Mcmullen
Help me understand wholesaling, so I can start TODAY!!
Hello BP! I am a salon owner and we have been trying to buy a house and tired of dealing with the headache of being self-employed trying to get a loan. We make the money but have to spend a lot of it right back out. ...
Jordan Bull
Looking for advice on financing
Ok I am looking to finance a slightly less than normal deal. I have posted some info around looking for private lenders, but could use some tips as to where to look and if my approach is ok.What follows is what I have...
Pete Storseth
Buying nonperforming note
If you buy a house from the 1st lien holder, do you inherit the person on the lien?There's a house I may be able to buy from a lender with an interest only loan. The buyer is way behind on payments and cant catch up. ...
Drew Lamb
The Downturn? Or is it?
There seems to be two schools of thought circulating. One in which people are saying everything will return to normal once the Coronavirus pandemic ends and one in which they say this is just the start of a major down...
Jessica C.
First time Property Deal? Loan HELP!
So I have been trying to get into real estate investing and have decided to take the dive, I have researched and read various books however its one thing to read something and another to have experience. Thats why ...
Johnny Alvarez
Inheriting Tenant on first purchase
Hello BP,
Finally did it. Pulled the trigger and now I am 5 days from closing on my first property! It is a duplex in Chicago, with a long term tenant already occupying one of the units. The tenant has been there for...