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For the experienced mortgage note buyer....My question has two parts:1.If I am purchasing a non-performing note do I add the arrears as fees to collect from owner when modifying the original note?Just a scenario:last ...
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I'm about to sign a contract for a wholesale deal in NY. Putting $500 EMD. My attorney said if the deal falls through that I'm out my EMD and have to pay him. I wanted an inspection clause to protect me in case I canc...
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Hello BP
My wife and I️ need your advice, we have 138k to invest and we found 3 single family that we made offer. One is 60k which is rented out for 800 a month, the other two is 30k each which equals to 60k, 600 and...
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I am buying a partial on a note and we are finalizing the agreement does anyone know where I can get a contract that is already written for this transaction.
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Family member is wanting to sell her house next month in Nederland, TX. (Small town) She knows I want to get my first rental property this year, so she is giving me first option to purchase. Built- 1950's...3 bed/1 1/...
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Hey everyone!I'm not new to purchasing properties, but this will only be the second property I've ever purchased and the first in this new area. My first property was a Single-Family home right before the pandemic in ...
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I'm thinking of a scenario, and looking for opinions, for buying discounted mortgages.My thought is to get a note under contract and then negotiate a deed in lieu(unless the seller already has one in place) with prope...
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Hello all, I am a new real investor investor following the turnkey BRRRR approach. I have a successful IT consulting business that has and will hopefully continue to allow me to purchase rental properties with after...
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Hello,Looking to buy a multifamily property in the greater Seattle area and was wondering if anyone could point me in the right direction in getting started in this space. I am a first time home buyer but will likely ...
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Hi All - I am still relatively new to the BP world and trying to get started on my first investment property. I live in Charlotte but since the market is so hot here I have been looking at other cities to invest in. C...