Adam Fansler
DSCR vs. Cashflow vs. cap rate Who wins?
Hey BP,I am re-focusing my investing from "pigs" to multifamily. I have a goal to analyze 50 deals just to get used to the numbers and where they go. My dilemma is this: when looking at deals I come up with great DSCR...
Tyler Caruso
Subject to packet
Would somebody be willing to send me their subject to packet they use when doing deals? I have the purchase contract and addendum to take over financing taken care of already but need templates for power of attorney ...
Carol Venolia
Getting title insurance after tax-deed sale purchase in CA
Howdy,I bought a couple of lots at a county tax-deed auction a little over 1.25 years ago. At that time, the word on the street was that one could get title insurance either by waiting a year after purchase, or by pay...
Tuan Dang
How long for BOA to approve initial short sale paper work?
Long story short. I was in the process of buying a short sale. The agent was being greedy and never showed the seller my offer to buy at asking price because he was looking for his own buyer. Seller found out and fire...
Ryan Bird
LLC with a majority interest an exception to due on sale?
I wanted to buy a property through a newly-formed LLC so was planning to take the commercial mortgage route. My mortgage broker told me that a conventional loan is another option as due on sale is no more an issue as ...
Bob Lee
in CA, will HOA lien priority higher than Tax lien?
Hi, I am trying to attend CA county tax deed sale. Some property I see huge HOA liens before the Tax lien record. I am wondering if the Tax deed sale will wipe out these HOA liens after the sale? From California Reven...
Sean Harper
Newbie Financing Advice
Thinking about making the first purchase:roughly $90K sale pricePlan to purchases with 100% Home Equity Loan 7% interest only for 12 monthsInvest $20-30K in renovations (using 7% interest loan)Anticipated value $150KT...
Chris Mason
Oh yeah, the "Due on Sale" clause is now LLC-friendly, sometimes
Totally meant to post this like a year ago. On page 292 of the document, which is page 309 of the PDF. That link is to the servicing guide for Fannie Mae loans that was updated on 11/8/2017, so the page number and inf...
Ivan Vargas
Cloud on Title after foreclosure???
Of the thousands of foreclosures happening every year in every county, what percentage of them is the defendant not properly served? Will that cloud the title after the foreclosure sale? Can the previous owner still c...
Mack Owens
Quit Claim Deed / Finding Lender - Please Help!
Hello BP,Currently house-hacking a duplex purchased at the end of May using private money but am running into the road block of finding a bank in my area that is willing to work with a Quit Claim Deed. Obviously I am ...