Hello community and happy new year! I have a Hard Money loan that’s coming due with a balloon payment approaching mid March. I use the hard money for a Flyp I’m doing and unfortunately has come up with quite a few obs...
Iceland, a long-time banking powerhouse, may be a huge casualty in the global financial crisis. What next?
http://news....
Here my thoughts. As more and more home owners find themselves in negative equity territory banks have every motivation to negotiate.
I also think that a large percentage of the home owner population would rather avo...
Getting started. Not quarantined, I have FT job as essential employee. Wanna get aggressive on marketing online. Everyone's posting on FB lame "wish u were here" messages when they haven't checked FB in years. Opportu...
Hello,I have a motivated seller who has a difficult situation and I'm having difficulty coming up with a solution. The property was sold last year on a wrap around mortgage to the new owner. The deed was transferred o...
I need a bit of guidance with some of these questions/concerns I have with the path im taking in life! I'm so confused right now. I'm trying to save up the money to buy rentals at the moment but I'm having a problem w...
This is an open-ended post. I hope to hear from both sides, those on this site who are for and against the model of wholesaling that most promote. I hope to hear some thought-processes I haven't heard yet. I hope you ...
Obama keeps stating that the failed policies of the last eight years are to blame for the current economic crisis. Certainly a boatload of mistakes were made by the Bush administration. However, many people, myself ...
Here is an interesting read from the government that just came out from the FCIC.
Enjoy:
http://c0182732.cdn1.cloudfiles.rackspacecloud.com/fcic_final_report_full.pdf
Hi BP family,I need help in figuring out a path forward. What would you do?Background:Purchased 7/26 triplex in Orange NJ for $296k with a conventional 30y mortgage in my name. 2 oil tanks were onsite before purchase....