I have learned that one method of creative financing is to simply "take over" the loan payments on an FSBO deal.   Exactly how would you do this?   What specific contract could be used for this situation?  Would the s...

Hi BP community, I've been listening to podcasts and reading voraciously. Thanks for providing such a great resource.I'm struggling to find a clear answer on this question even though I think the answer should be pret...

Hello BP family. Any thoughts on obtaining mortgage loan insurance? not property insurance, but insurance that would cover the balance of the loan in case you lose your life and you do not want your family to incur th...

Hey All,

I’m looking at a small multi family (8 units) as my next investment, after a few recent single family homes. This is a bit new to me but I’m really excited about the opportunity.

My big question I’m hoping ...

I am currently looking at a price of real estate and weighing my options on acquisition before approaching the seller and seeing if a deal can be reached. Property Details: Asking price- 2,000,00051 doors, 86% current...

I'm closing on a house in GA.  I want the house to be in an LLC but I will have to secure the conventional mortgage.  My lender and his main underwriter are swearing up and down that they close loans all the time for ...

I called my mortgage service provider today to get some information in regards to escrow/home owners insurance and they told me they couldn't speak to me because my property is in "bankruptcy". They claim they receive...

Hi I'm wondering how getting a loan for a piece of land with a manufactured/mobile type home on it as a residence is considered as far as going through a lending institution? Any advice would be greatly appreciated!

Hi There!Hoping I could please get some help with some newbie questions.  Let's say I have a $150,000 HELOC and i'd like to purchase a SFH out of state which I plan to buy and hold.  -Can I use a HELOC to purchase fro...

Hello,-Can leases be used instead of tax returns to prove income to lenders?  -For an equity loan on an income property, can leases be used by themselves to prove income?-Do banks always require tax returns?  Do priva...