I just purchased a 1st position NPL on a home in Oklahoma and found out from FCI's bankruptcy specialist that the borrower had a Chapter 7 bankruptcy in 2009 which was discharged in 2012 but not yet closed. This was n...

Well ladies and gentlemen, I completed my first real estate deal and it was a good one!!! :rock:

It was a shortsale flip in Arizona.

Deal breakdown was:

A-B Purchase Price - $150,000
B-C Sale Price - $203,000
Clos...

Hello all,I have a question regarding a subject to.If one were to acquire the title of a house on a sub2 and the property had substantial equity, of course it would make sense to flip; however, i am looking to hold th...

Where can I get a wholesale contract?

Deed is your name, mortgage is in previous owners name, you've been paying the mortgage, do you write off the interest? My accountant says I can't...

In a different post I out lined an argument and counter argument for each scenario... Deflation, Stagflation, Inflation and Hyperinflation.  It was aimed at a BP member wanting to hedge their portfolio.  Hopefully it ...

Hi All -I'll do my best to keep this as brief as possible, but I would like to give a bit of a brief background before getting to my big questions. I am currently a senior in college, expecting to graduate with a degr...

When you borrow money to purchase notes, how is that personal loan secured for the person lending the money. I have a person willing to lend me money to purchase npn but he wants to know how he's loan is secured si...

Found this site looking for a JD or CPA (or JD/CPA) to answer one question.  Sole manager for these (small, < 2.5M in investor funds max) syndications has been convinced by his CPA that the only IRS-compliant metho...

Hi allI have a commercial rental with a large national dental tenant (they have about 200 clinics nationally).  They sent a letter out that is summarized as follows:  Due to the forced shutdown, we will not pay rent f...