Thomas Pham
Trada Exit Strategy
Hi Everyone,
Would anyone know of an exit strategy or heard of exit strategy from other investors of Trada? I am scheduled to close on a property next month from Trada and no longer qualify for the loan since I am s...
Queen Keoka
NPN BK13: Seller missing original Security Deed GA??
I am very skeptical about this NPN in BK13. First off it was originated in 2006 and assigned from MERS as the nominee. I see evidence tht note was sold in pool during the time of mortgage back securities. Secondly sel...
Robert Howell
Is this note fraud?
I bought a non performing note in Kansas City. It is an institutional note that was originated in 11/2006. Next payment due was 1/2007. This was an investment property. I believe the borrower cashed out the propert...
Matt Pfefferlen
Foreclosure / BK Automatic Stay
I am interested in buying a foreclosure at auction which has been postponed a few days due to BK. The homeowner has a case open still, but the automatic stay was lifted on a motion by the bank. Additionally, the ho...
Glenn Earl Adkins Jr
Foreclosure Starting Over Advice
So I'm in the end process of foreclosure I believe and I'm not sure exactly what my plan should be after this. I have coworkers suggesting I file bankruptcy because I have a foreclosure on my record and that's what th...
Alex Martens
I am losing momentum!
Hi BP community,
Since 2020 I have managed to acquire my primary residence (which will become a rental this summer), a small commercial property (cafe) and a duplex. I am pretty happy with my accomplishments so far,...
Sam Yin
Why/When to take a break from investing
I want to hear people's opinions on taking purposeful breaks from active investing. It would be great to hear the perspectives from all experiences. I hope to find others who may have felt a bit lost at times during t...
Charles Salim
How much does it typically cost to foreclose on a property
I have a property that I am owner financing. I’m the lender on the property and was wondering how much the foreclose fees would be around as just a worst case scenario if I would have take the property back or how m...
Daniel L.
Imminent Demolition by Codes Dept. Loss mitigation/Loan recovery
I have a property under contract of which the adjacent lot has a dilapidated home scheduled for Dec 5 demo by codes dept. Codes chief tells me neither the homeowner nor the lender USAA I believe in this case have rea...
Troy Hanson
Down Payment Size for Long Term Rentals
Hi, I'm looking for advice on purchasing a long term rental. Real estate continues to be high where I am located and when I calculate the mortgage payment with 20% - 25% down, it only breaks even with the rent I coul...