I would like to take a loan from a family member, and wonder what documentation I would need. I am planning on having them be the lienholder on the property, with a fixed interest rate and no payments until I sell ...

I plan on buying my brothers duplex when he moves out of state. He still has a mortgage on it. Can I pay my brother the mortgage and he pays the bank, like basically he’s my bank because I can’t qualify for a mortgage...

I can't quite wrap my mind around how to ask this question. I tried googling, but couldn't get the right search for what I was looking for. Then I realized I should ask all the experts in the BP community, so here it ...

Are both a Promissory Note as well as a Deed of Trust needed for a small private loan (~10% of single-family house cost)?  I've gotten two "yes" and two "no" responses regarding the need for a Deed of Trust.  All four...

Hi y'all! I got a question from a friend that I need some help answering. They asked me: For young adults thinking about investing in a property with an FHA loan, where do they need to be financially to pay off those ...

Completely by accident, I started a fairly interesting conversation about moral hazard, principal balance reduction, and mortgage payment incentives on Facebook.

Is there any easy way to "upload" the discussion on to...

As backstory, I am looking into a property in Texas. The property is being offered as a "resale" and has been on the books as such since 2011. Before the county foreclosed on the property the previous owner took out s...

Is there any way to get the contract amount if the appraisal comes back to low. Appraiser is mostly going by the fact that I got a great deal when I purchased and claims he cannot justify my sale price even when there...

Good morning everyone, I have a free and clear property that is worth $210,000.How would I properly cash-out refinance to buy more rental properties without overleveraging? 

How do you find the legal description of a property to use when filling out a contract?