Shawn C.
Loan Acceleration Default Calculations Advice
My company purchased a first lien home equity nonperforming note in Texas years back. It took us six months (should have only taken 30 days) to receive the paperwork from the financial institution we purchased the not...
Jon L.
Cap rates in North Carolina
Heya guys!What cap rates are you getting NC - and where about in NC are you investing? What are the neighborhoods rated?(I'm currently investing in smaller cities/towns Indiana, in C-/D properties - and getting cap ra...
Tristan S.
Best type of leads according to your experience
Hello everyone,I am about to start my second marketing campaign in Houston, Texas, the first one was just a small scale campaign aimed to be a good learning experience (actually still going on).I plan on mailing 500/6...
Nick Pacheco
Smart to buy (owner occupied) with student debt?
I have $60K in student loan debt. I am interested in purchasing an investment property (I will live there) while renting out the extra rooms. After a year or more, I will move and rent all of the rooms out. Smart m...
Cassandra Brown
Historic District Homes as Rentals
We just wend under contract for a duplex in a historic district. How difficult is it to own a property that has to meet historic guidelines, and what are the biggest parameters that must be met when making updates to ...
Andrew Carter
"Below Value" Appraisals, why is the buyer required to pay?
Hello, I'm brand new to BP but looking to learn quickly...which will mean asking lots of (but hopefully not to many "dumb") questions. This may be a question with an obvious answer, but I'm curious, when a property ap...
Robert Obniski
Rough estimate for gut rehab of 3 flat
Hello all, I am currently looking to buy a 2 or 3 flat (duplex/triplex for some of you)Ill try to give the most precise details I can and if someone could give me a ballpark figure I would greatly appreciate it.3 unit...
Sandy Uhlmann
Journey of a newbie 2nd lien owner-Foreclosure Sale Question
I purchased a note in 2nd position several months ago. HELOC with original amount of $100,000 UPB of approx 75,000. First is current with UPB of just over $100,000. House seems to be worth $170,000+. Homeowners cur...
Matt M.
Can child support take my rental income if I live on the property?
My ex is rather spiteful, and I'm really hoping that she doesn't have any legal entitlements to my rental properties. Theres no alimony payments, nothing special about the divorce, she's already taken all of my hard e...
Wendell De Guzman
The Biggest Rehab Project of My Career - Should I Do This?
Yesterday I won a BID on an auction on a house in Lagrange IL.The Good:ARV - $1,000,000Acquisition Price: $380,000Repairs: $200,000Profit Potential: HUGE - about $300,000 profit even if you assume 12 months holding c...