We have a NPL on a SFR property in Illinois with a foreclosure sale date next month. Borrowers finally came to the table for a loan mod earlier this month (they have been disputing the debt for a few years). They subm...

I've enjoyed reading so many of these deal diaries that I wanted to add one I am working on right now. I really think there is a ton of value added to our community by sharing what the life cycle of a deal looks like ...

Hello BP Network,I will be admitted to the NY bar soon, which means I can bypass most of the requirements for opening up a real estate brokerage. I am interested in doing so. However, I am in the very early stages of ...

what forms do you have your contractor sign before starting a flip? What do you usually have in place before you commence the project? 

Hello BP Community!My name is Eric and I am a 27 year old looking to get into Buy-and-Hold REI. You’ve most likely heard my story before (well, not MY story per se). I graduated college, joined the work force and have...

I am looking at setting up a program for helping people do turn-key rental properties, and I am wondering what people are looking for exactly when they are looking to rehab properties and and rent them out? What is yo...

Good Morning BP Universe,
Yesterday I came across a property on my local (Cincinnati) REIA website. The seller said in order to walkthrough the property, I had to have "Proof of funds". So I called around to a few Ha...

I know this is based on the goals I have for my self but a general rule of thumb, after deducting expenses from my cash flow, should I 
A) Use the extra $ and put it in the mortgage 
B) Save, save, save to buy anoth...

Hi, I’m interested in purchasing a single family property that has the potential to be a duplex or triplex (very large house). I want to live in one unit and rent the others. I would like to use the other units pote...

Hey all. So I'm going through the process in picking the right brokerage for me. Before you jump on me to check the megathread, I think my question is a little more detailed than I've researched.
Yesterday, I was abl...