There are gurus out there who will tell you when seller financing to have the borrower sign a deed in lieu at closing so if they stop paying you can just record the deed in lieu. Every attorney I have ever talked to h...
Has anyone successfully negotiated down a HUD 2nd mortgage?
I'm talking with a seller who is two weeks away from foreclosure. The deal was looking good....until I found the loan modification from 2014, where HUD too...
I received a modification to my original offer on my first deal stating that the current security deposits would need to be transferred to the buyer’s (my) designated holder that “shall be a licensed Georgia real est...
Hello my name is John Glover and I'm from Toledo, Ohio. I've been investing for 13 months now and have been doing well. I joined because i wanted to network with other investors around the country and improve my web p...
Hi guys, I just purchased my first investment property (Buy and Hold) and am about to start my renovation in about a week. I've always read about successful flippers/rehabbers that have done so many flips that they no...
Suggestions on how to structure this deal. Seller willing to-do subject 2 Foreclosure in 60 daysCurrent balance $320,000Behind $60,000 to bring currentSec Mtg $5,000Arv $380,000Seller has no income to-do a loan Mod to...
Hey BP CPA's,I'm a DIYer when it comes to taxes (please don't yell at me) and until now my taxes have been fairly straightforward. In 2014 I was able to get a loan modification on a rental and of course I got 1099'd ...
I have a friend who I'm helping lease an 800 sq garage/shop space attached to a single-family rental. We are leasing the shop/garage separate from the home which already has tenants. Should I draft a lease specific to...
I have a property under contract. The buyers entered the property (without permission) and made major modifications to the house(before closing) ie. taking down walls, doors, stealing tools from the garage. Unfamiliar...
I used to use this list but heard in the last couple of years they have stopped supplying it or something of that nature.I'm looking to get good short sale leads, and NOD's are way too competitive in my area. By the t...