BP Nation Hello! I currently own a portfolio of 20 apartments(4 unit and 16 unit) with an appraised value of $910k. These are located in the Upper Peninsula of Michigan. I moved south to Indiana and am looking at buyi...

Hi all,    I am just starting out.  I bought a rental in NC and someone told me that the rent money has to go into a separate account that just is for rental income.... is this true?  

With lending standards just now beginning to loosen from a historic tightening, I find it bizarre (and frankly, offensive) the idea that Private Mortgage Insurance will now be something that will be permanently affixe...

Greetings-- I know a bank REO will list the asking price sometime this week. My first question is can I consider this REO to be a "short sale"

I know the first mortgage: 198,000
2003 purchase price: 150,8...

I'm a newbie and still doing research. I'm interested in wholeselling pre-foreclosure however from what I've been reading it's pretty difficult to accomplish. I have a good process for finding pre-Foreclosures but I'm...

Was just notified by Cozy that rent payment from last month will be REVERSED because tenant (who moved out end of last month) contacted his bank after breaking lease and moving out stating "payment unauthorized".   I'...

I had a funny thought pop into my head as I began to prepare for the upcoming tax season: should I intentionally pay more taxes (by not taking all deductions/credits claimable) so as to be able to leverage that income...

When a sub2 transaction goes through and you have a l/o to a t/b for a set time (2-5yrs), if the seller wants to get another house will they be able to qualify for another loan? If not, what do you do or tell them?

M...

I am speaking with my attorney who is helping me setup the proper documentation for use with private investors. She is suggesting that I do not deal with non-accredited investors because if something should happen to...

Hi everyone, I'm currently in the market for performing institutional first position notes, but I'm not sure where to start. I have Dave Van Horn's book and have listened to it twice, but when it comes to actually tak...