BP Experts,    I have a question about buying non-performing first notes. This one involves family so it really hits close to home. Recently, my grandfather passed away. Losing his income means my Grandmother cannot a...

I'll preface this by saying that I know that I need to get legal advice and will do so before taking any action. This situation is on a short time fuse and I need any useful information I can get.We purchased an NPN w...

Just did another Commercial Mortgage through my LLC on a two-family property. I do commercial mortgages on all of my buildings because it is in my LLC for liability purposes (as far as I know, it has to be a commercia...

Hello everyoneI have been saving in a Capital one 360 account that yields 1.0 APY  I opened a business checking and saving account at a local bank that I would like to build a relationship with for investing. I cannot...

Hey and Hi! I am getting started on my Baselane account and looking for tutorials. Specifically, I am unclear what the best way is to organize my subaccount; Do I open a new account per property? or put all my propert...

I've recently been using some of those "0% Balance Transfer" cards to help fund my deals. They have a 0% introductory rate for 12 months or so, and you pay 3 points up front. That's incredible compared to hard-mo...

I asked a similar question earlier today about putting a rental property in service and deducting the costs of the rehab on Schedule E. Okay, looks like I can't deduct the make ready costs and I can tally the improvem...

Hi, I'm Brian who just got out of Military active duty service about a year ago.  Now currently working as research specialist in Veterans Affairs. I'm originally from Korea, then Los Angeles.  Now we (me and wife) ar...

any trick to lowering closing cost fees. Some of these fees seem redundant. I was of the opinion most closing cost fees should not exceed 5%. Other than blatantly telling lender to lower fees, any other suggestions on...

Hello BP Community,We sold our home and the portion of the funds (~ 400K) that had to be wired to our Mortgage Servicer was sent to a fraudulent account (Wire fraud) by the title company. While Title company is invest...