I've been doing sub to deals for a while but I have never run into this problem quite like this before. The first mortgage lender (Ocwen) is asking for evidence of insurance and my agent supplied it but the borrowers ...

Alright guys and gals, I'm new to the MHP business so bear with me. Providing your business plan involves hiring a tenant to be your manager, how do you typically compensate them? For instance, in Multifamily investin...

Hello everyone, I feel like I am in a slightly different position than most people and am looking for some beginner advice. Before I get started I will say this, I intend to seek proper legal advice before making any ...

im trying to understand how hard money lending works. at first i though if you find a lender and he wants 10% you would pay him his money and 10% when you reach the 3 month or 6 month term you set up. But If I'm payin...

I currently own 2 rentals that are single family homes in good (b class) neighborhoods. Both houses are in the Houston, TX area and are less then 10 years old. I have had pretty good success with both properties and ...

Hi guys

I just wanna ask something about this lending company because it bothers me that I haven't got an answer to my question yet. First of all, I applied online a month ago already. I never received a
welcome ema...

Hey guys I want to do a fix and flip in the near future and was wondering what are some general advice you would give me? 

I've got a property that I've owned a long time and it's been depreciated down to practically nothing (condo, so no land). I'm selling and I have a buyer if I will hold the paper. Say I get 20%dp, interest only and ...

Hi BPers,

Here is a question that I am not sure has been asked yet

I recently found a distressed seller who are in the middle of divorce and have agreed to sell their house at a reduced price and via a land contrac...