Ben Brenner
First Deal Questions!
Good morning friends,I have a few questions for the wider BP crew! I am a current home owner looking to refinance and get my equity in hand to move on a deal. I have an older man who is looking to sell his fixer upper...
Brian Maffucci
SHORT SALE Q - Extensions
Hey, new here so thank you guys for any help.
I am in the process of buying a short sale, our offer was approved and we were given a month to get the mortgage together and close. Unfortunately the basement flooded abo...
Acker B.
section 2 or wholesale
A motivated seller owes 50,000$ on a morgage. in addition, she have a 5,000$ lien an the property. She lives out of town and rented the place to friends of the family in which they are destroying the place. the comps ...
Luna B.
Underwater Rental property in California...exit strategy?
I bought a rental property in Clearlake Ca in 2004 for about $125,000 ( A house and studio)I now owe $95,000 on a 1st at 6.25%. CitimortgageIf the house was all fixed up I might get the $95,000, but it is in need of ...
Kevin Mauch
hello, and debt servicing question
Newby here in northern Colorado. I have been shaking several trees l know of and talking serious long term strategies. I have some good contacts that have been in the biz for 45 years. They are old school, cash, free ...
Brant Jones
Delayed Financing with Owner Carry
Has anyone used delayed financing in combination with a small owner carry, and does it meet the criteria for the six month exception?I am looking to purchase a property at 70% ARV - mostly cash. Owner owes $55k, but w...
John Thedford
TIps & Tricks Needed To Avoid DOS Clause
Just signed a contract to purchase rental #15. It is my intention to STR the subject property. I signed a contract to purchase this property subject to the mortgage. I would hate to have the note called and have to pa...
Steve L.
Software to keep track of Loans/Notes Interest Rates/Pmts
I have a group of smaller investors that give me loans on a per project basis or into my business and we negotiate different scenarios for everyone.
They're all parties I have an existing relationship with, so I am...
Ariel K.
Security deposit transfer
I am under contract to sell a 4plex in Texas. I have agreed to make some repairs prior to the sale closing. The wrinkle is that I have one tenant whose lease ended on 1/31/20 and there are repairs in that unit to be m...
Dino Ganas
Have 42k saved. What to do?
I have about 31k saved in the bank and 11k that my father owes and will give me. I have a baby on the way and currently living separate from my girlfriend. Her apartment is too small for everyone to live comfortably ...