Erick V.
Self-Servicing a note.. agree or disagree?
Hi all...I know someone who has purchased a few np-notes and he "self-service" them instead of hiring an actual servicing company. I have recommended him to use a servicing company but he says that it is NOT a law req...
Ian Tudor
Best Park for MH Purchase
I am in the hunt for my first MH purchase. I have driven around 8 parks in my area, and I noticed a few things that I wanted a second opinion on. I was surprised by the large spectrum of quality in the parks.- What wo...
Karen Young
Seller has original deposit
My husband and I purchased a property on May 11th that had an existing tenant. The seller has the original deposit and is not communicating with anyone regarding transferring it, although she has been contacted sever...
Account Closed
Lender Changed the Borrowers Name on Mortgage
Back in 1995 or so I informally assumed a mortgage. By "informally" I mean "subject to". The property was deeded to me and I started paying the mortgage. I got insurance consistent with the deed, and named the lend...
Brian Gibbons
MHI SAFE Act comment letter filed with HUD March 1st
I thought I'd pass this along to the members of BP...
MHI filed the following comment letter today regarding HUD’s proposed rule on the SAFE Act.
The deadline for comments is this Friday, March 5th. Please fell fr...
Thomas A Buonanno
Purchasing land to build on
Caio My name is Tom and am not in Miami - I'm in Naples florida and own a couple of condo's and my own house is on a canal near vanderbilt beach.I am fed up with HOA fees and am looking to purchase a lot and then buil...
Akshar Deri
Looking to buy STR in Mexico
I am looking to buy STR in Mexico and I heard you cannot buy properties 54 miles from the coast. In that case, would you buy something on the beach for STR? Has anyone figured out logistics such as cleaning/maintainin...
Marcello Di Gerlando
Graduating from Flipping to Lending. What do I need to know?
I seem to have an opportunity to expand into Hard Money/private lending here in Colorado Springs and I am looking for some pointers to ensure I don’t fall into avoidable traps and beginner mistakes or become victim to...
Account Closed
Joint venture v.s syndicated
Can someone please explain the difference between a syndicated and a joint venture
James Sinclair
Wholesaling (Against the Law?)
I have not wholesaled a house and finding one that would make a acceptable deal, for a buyer, is very difficult in our area. I have done two fix and flips and they are a lot of work and a fair amount of risk as well....