Sandy Uhlmann
Non-performing second with first in forclosure
I am a note newbie who was reviewing a recently released tape of non-performing seconds. I noticed that with this tape, there was very few that were behind performing firsts and nearly half of them listed the first a...
Lara Nicole
Untrustworthy real estate agent?
I've been working with a real estate agent who has a good reputation for a few weeks. So far we lost two offers & I always send her the property address for her analysis before I/we go check it out. She has been h...
Kimberly Klaas
Yet Another Morris Invest Case Study
Hello everyone. This is another Morris Invest Case study. I'll start at the beginning and do my best to lay it all out. Please feel free to reply with any questions or comments. In early 2017 I discovered Morris Inves...
Aaryan Patel
If you could go back in time??
What would you guys do if you could go back in time when you first started learning about real estate? What would you do differently? What would be the best way to set yourself up for success in multiplying your por...
Jabari Marshall
Whole life Insurance and the Infinite Banking Concept
I have been looking into Whole life insurance and Infinite banking and it seems very appealing. From what i hear it can be very beneficial "If" the policy is set up correctly. Has anyone out there got any whole life...
Catalin Chindea
Purchased a home with non-paying tenants
Hi everyone, I just purchased my first flipper last week. At least that's the idea. The house has a non-paying tenant. Because of this fact, I negotiated the price of the home extremely low. Here is the problem. The p...
Patrick M.
And another landlord feeds the Cancel Rent fire! Brooklyn
A few days after losing his job in March, Paul Gentile was throwing away trash outside his Brooklyn apartment building when he noticed a new sign hanging near the front door.
Because of the coronavirus pandemic, whic...
Christopher Vaughn
Sending Unsolicited Offers to Get Properties Under Contract
Hello fellow BP Members,I'm a wholesaler in the Seattle area and focus primarily on homes that are in foreclosure. I'm curious if anyone uses the tactic of sending direct mail that is in the form of unsolicited offers...
Dave Meyer
Is Real Estate Still the Best Asset Class?
Real estate is harder than it's been in more than a decade -- we all know this. High prices + high mortgage rates + low inventory is making this a challenge. So my question is -- in an era where you can get a 5% CoCR...
Linda L.
What you should be concerned as 1st lien holder if there's 2nd loan?
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...