Hi BP friends, I really am in need of some advice regarding the situation I've found myself in with Bank of America. I bought a home at auction (via www.auction.com) that was advertised as a 3 bedroom 2 bathroom home ...
I went to a rei meeting. There was a lawyer there. I emailed his office if I can get contracts for assignments, disclosures, etc.
His paralegal says he doesn't do assignments and has his own c...
Hello!I am wondering how some would advise me to go about financing an investment home. Theoretically speaking.. if I drive past a run down home which I see to be foreclosed ..what would I need to have ready to go in ...
Changes That Will Affect the Entire Real Estate and Mortgage IndustryThe rules are changing for mortgage lenders. The consumer Financial Protection Bureau (cFPB) is replacing some of the forms used at closing and requ...
Hey BP!!
I’m looking to buy my first multi-family rental in the next 12 months but first want to get really familiar with the numbers. I am looking to start analyzing deals but am running into the problem that I can’...
Hello BP, I am hoping you could help us. I am working on trying to keep the interest rate at 2.5% on my mom’s house that we are inheriting now. The property is in a trust but the loan was taken out in my mother’s nam...
Hi All,
If I want to rent out a place to a young couple one of whom is working but the other is not working and has no SSN, how can I run credit on the one without SSN ? On top of that, what can I do to minimize the ...
I am having trouble on deciding where to begin in REI. I have put together an outline of things to do.
1. Build up personal credit.
2. Create LLC
3. Research Pre-Foreclosures
4. Create Contracts
This is where my pr...
Hello BP !From time to time, I've seen posts asking about a Home Union Review, very few people have actually had any experience, or recent experience using them. I will discuss my (unbiased) experience using them from...
We have properties in Memphis and live out of state. We’re traveling this week to Memphis and have requested that we see our properties. We try to do this every year and have never had a problem. Our property manager ...