Rick H.
Local REIA (Club) Implodes! What happened?
Several weeks ago I read two separate emails announcing that the "X" real estate club(s) had shut down and that there would be no more meetings. These clubs were ran by two individuals who partnered together and ran t...
Denise Shannon
Your Thoughts on Trustee's Sale?
I am interested in knowing what your thoughts are on Trustee's Sales...."Court House Steps" properties.
It must be all cash. ( or cashiers check)
You can do your research prior to the sale.
Plenty of inventory.
Wh...
Viron Hale
Obtaining financing options
Hello BP family,I am looking to obtain financing for a rental property, I am looking for innovative and creative ways to get this done. I am looking to use this property as a rental so I won't qualify for FHA. I'm jus...
Kesete Thompkins
Seller Financing a Home with an Existing Mortgage?
I need your help on thinking through strategies to acquire a property via seller financing that still has a conventional mortgage on it. I've heard of wrap-around loans and situations where you take over someone's pay...
Kevin Reid
Where to start on funding cheap properties?
I am new to the game, as in brand new and I do not have a clue where to really start.
I currently own a house that we plan on living in for at least another 15 years or so, but we are very much underwater sti...
KC Zhang
What happens to 2nd position if 1st initiated foreclosure?
I'm looking at several 2nd NPNs for purchase. Several of 1st position holder started the foreclosure process. The underlying assets have enough equity (FMV) to cover both 1st and 2nd. How can 2nd note holder ensure th...
Jason Dillard
Banks Are For Your Perfect Keepers
It took me years and years for me to get it. I mean banks are happy to lend on real estate. Why not just use em? However, after tons of deals, it finally sunk in. Unless I plan to keep a property forever, just don...
Deanna O.
Notes; death of borrower ....what needs to be done?
Hi. So here is the situation - note @$20k, home @ $100k value ;California Unmarried borrower on note isextremely ill in ICU, unlikely to live much longer. No will found (yet), thus no designated executor. Overwhelmed ...
Account Closed
Recording Fee
I recorded a "Deed of Trust with Assignment of Rents" yesterday at the Los Angeles recorders office and the recorder said $70, I said, wow, that seems like a lot for a 4 page document, how come it's so much, he sai...
Brian Degener
Renting homes in Bankruptcy or preforeclosure until bank takes it
Has anyone heard of this strategy where you find a owner in bankruptcy or pre foreclosure and you get a quit claim deed and rent out the property until the bank forecloses? What are your thoughts?Brian