I contracted to purchase an REO in December of 2010, skipping all the long and boring details, I finally just received word that the deal is accepted and I am now in escrow. I will not post any of the real numbers her...
Creative financing is like thinking outside the box when it comes to buying or selling a house. It's all about finding alternative ways to structure the deal that works for both the buyer and the seller.
One popula...
Hello everybody,
I am strongly considering part of my SDIRA to be in Notes funds. I am looking for high quality players in the industry with great historical record.
Let's talk about good and "not so good" funds!
I w...
I am not sure there is really a good thread here in BP which address this question. I know there are many blogs but those do not provide expanded conversations around the idea, IMO. If you are a seasoned, new or pot...
Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
I realize this is a totally subjective question but I’m going to ask it anyways. What’s the magic number for single family homes? How many is too many? How many for maximum efficiency? What’s the most you could self m...
I wish there was a State or Federal license required to wholesale and pitch wholesale deals. I see countless "deals" that are not deals, or even close to being a deal. Many of these wholesalers have no real estate ex...
Here is what I think I know a Lease Option is so far; looking for advice on what I have wrong, if not the entire thing:
Say a man is selling a $165,000 home for the mortgage balance of $150,000 to avoid foreclosure. ...
What is one thing you've added to your lease that may not be in the standard lease that has prevented a problem you had from happening again? Not looking for the specific wording unless you'd like to share, but the "...
Ok - i'll admit, the subject line of this post is a bit sensational. I'm not going to jail. Not for this anyway. (But maybe for my killer dance moves.)But here's the question i'll pose to the BiggerPockets crowd. (I'...