Hey BP Community,My wife and I live in Korea and leverage borrowed money, often hundreds of thousands of dollars worth, from our tenants at 0% interest to purchase undervalued properties. Sound outrageous? Read on.[I'...

We purchased a first position NPL on a single family home in Charlotte NC a few years ago and did a loan mod with the borrower. He was paying consistently until last Spring where he missed 2 months of payments then st...

I own a rental condo free and clear in Houston.  Only insurance I was able to find was Texas Fair Plan.  Im looking into ways of borrowing equity (cash out refi, equity loan, etc)... will I have issues finding a lende...

Legal action or be patient?

here is a PM I got on BP..  you will get these on BP linkdin and facebook.. they are all frauds.. anything that reads close to this.Fred Williams Sent 1 hour ago
Report SpamBlock Fred

HI, THIS IS JOHN.HP.LOANER SE...

Hi My BP family,I'm on a 90 days challenge to buy an investment rental property. I am currently in the process of buying a duplex that should be closed by end of November. Since this is my first time, help me with thi...

I assume the loan would just become the debt of the estate.  Would it then have to be paid off in order for the heirs to close the estate through probate?  Or is there a way around this?

Hello, everyone. We are private lenders. Normally we fund 85% to 100% of purchase. We have never asked borrowers to purchase mortgage insurance. Do other lenders do the same?Thank you. Frank

Only need $400K in NJ.   Will pay 30% cash.

Hi there.This is about rental properties in Canada. If I pay property taxes using money from a personal line of credit, is the interest tax deductible?Thanks so much!Paul