Michelle Kasper
Buy defaulted note instead of short sale?
Hi everyone, I have been focusing on flipping short sales for the past couple of years. I recently came across an investor that was buying the note instead of doing the short sale to get around seasoning issues. I j...
George Lekas
Equity Build Finance, LLC
I was just wondering if anyone has had any dealings with this company? They promise 12-15% returns, depending on how much you invest with them. They always seem to be offering properties in bad neighborhoods, mostly...
Christian Arellano
Assigning a Lease Purchase Agreement
hello,
I've been reading about Lease Options and I found that anyone can make quick cash by assigning their contract. I just want to know if this is the basic way of doing it.
Step One: Find a motivated seller
S...
Dave Mustaine
Tenant Choice
This is a hypothetical question based on a decision I will likely need to make. If you had to chose and approve one of these tenants, which one would it be?Assume both renters have the same amount of income, assets, ...
Erik Miller
Do short sales hurt your credit score?
I have heard different answers and was wondering what you guys had to say?
Thanks,
Erik
Matt A
Deficiency judgement after a short sale
Hello CTC,
I have a concern. I recently had a short sale approved in California through B of A and the buyer wants to close asap. I got a letter from B of A stating "BAC Home Loans Servicing, LP...
Mindy Jensen
FAQ Forum Question: Do I Need an LLC?
Hello BiggerPocketeers!In an effort to clean up the forums, we're creating an FAQ Forum, where the most-asked questions will be prominently featured, along with some really great answers.I need your help!Please take a...
J. Martin
Need Advice - Pay rent for entire MF & Sublease?
I am an owner and landlord of several units, and have a unique proposal for the landlord of another building. I'm looking for feedback for anyone who has done this before, or from others that want to weigh in on th...
Kristen Brandner
Potential Tenant willing to pay a years rent in advance.
I have a potential tenant (still reviewing) that is willing to pay a years rent in advance. Is this a good idea or should I keep waiting. I’m new to landlording but, have read many of the bigger pockets forums and the...
Martin Saenz
Non-Performing Note Exit Strategies
Do you buy NPN’s that meet a particular Exit Strategy? What is it and why?For me it’s simple….when I buy an NPN, my objective is to help the borrower get back on their feet with a payment they can afford. Thus, I onl...