The facts are straight forward:

1. I bought a Home Equity Loan in foreclosure. It was in the first position because a subsequent 'first' loan did not have a subordination agreement recorded. I received and recorded t...

There's been a lot of discussion on the forums as it relates to differentiating bad debt from good.  The most common view on BP is that any debt which does not produce investment returns is bad debt.I, for the most pa...

It was just supposed to be her and her two kids, and she said she was single, had no time to date, works 70 hours a week, two jobs, hardly home, etc.As I like to do, I drove by the unit recently, as I have the past 3....

Hello to anyone reading, I’m currently a freshman in college and here is my situation. I’m one semester in, and plan on finishing out the year. I have a college fund which contains roughly $60,000 (after this first ye...

Hi all,

What a great forum :D and the perfect place for me to vent today! As it happens, I am very concerned about my tenants - many Sec 8 voucher holders reside at my building and several of them are model tenants...

Hello,

I'm very familiar with Wholesaling and Assignment of contracts.

With a Lease Purchase, would I simply get the property under a Lease Purchase contract with the owner and assign my rights?

T...

Hi,
I bought a condo to rent out in Mississauga. Few questions
1. Should I try to rent it out myself or get a realtor?
If I do it myself 
1. what documents would I need to provide the tenant?
2.  What type of doc...

I am new to BP and real estate. A friend of mine who has not yet joined BP and is also new just completed construction on his first flip a couple of weeks ago. Last night he checked on the house and walked into a di...

So we just bought a 3 bed 2 bath house from Freddie Mac for $24k (cash purchase).  Yes a major fixer upper!  I was telling an acquaintance about it and he said "oh you bought that?,  I heard the bank foreclosed on the...

Hi Guys, I am very new here, I am a 29yo Aussie living in Australia. I currently have one house in Lexington, KY, valued at around $45-50k and I think it can be rented out at about $120-$150pw. I own the property outr...