I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.
Sounds too good...
Dear All, I know this must be a newbie question: how to qualify for a loan on a second or even 3rd property when your income is not great. A little back story here: My husband and I bought our first home, a $130,000 o...
Hello all, I've recently been turned onto the BP podcast and forums. I'm in love! All the recent podcasts about the mobile home parks has got me thinking about some cool ideas. I'm curious what you guys think about an...
Hello,My partners and I are having a disagreement about if we should hire a property management firm for our portfolio. We have a goal in mind of a hundred units or so. My thought process that while hiring a manager...
Hello Forum . . . I've done a bit of looking around here for reviews of Rent to Retirement - a turnkey company. http://renttoretirement.com/.Anyone have recent experience? I'm considering my first investment with a ...
I was looking at financing options, and I found the the "lending club" after a quick google. It sounds like a peer to peer loan service? Has anyone used it, either to lend money or borrow money? How does it work? Res...
I hope I'm posting this in the correct section.
I am going to start a small business with property management. I wan't to focus on single family residential and charge landlords either 10% or 15% of the rent.
I hav...
Hey Everyone, New Investor from beautiful San Francisco, CA.I am a transplant from the North East and loving the California lifestyle! Even if rents are completely obscene here in the city! A little about myself... ...
Hi BiggerpocketsI am trying to better understand the concept of title and the bundle of rights that come with real property.Lets say we have a sub 2 deal in a title theory state. The owner of the property is highly mo...
Hello BP Community, I wanted to start by thanking all of the members of the BP family for helping me so much and answering all of my annoying questions. I have another classic tenant issue that I need guidance on. Bri...