Hi everyone, so what does buying and selling notes actually cost in terms of transaction fees? Certainly there are transaction fees... What do brokers usually charge for a buy or a sell?  Also, what do note servicing ...

Hey BP,I have an interesting situation that I've been working on for a year and was thinking maybe you could help out. There's an abandoned property in my area that's sitting in a Class B neighborhood. The city said i...

Hi all! This is my first post on BP since joining a few months ago when I found the site. I am currently residing in a midwest city as I got a new job and decided to sign a 6 month lease while figuring out if I like t...

Could you advice this Odd owner financing term? I have a highrise condo under contract. The buyer ask for owner financing because they are retired and difficult to get a loan and yet don't want to used up all cash. I ...

Hello BPSeeking advice on what to do with my LLC rental property loans, which are due to reset in the next few years. Currently all are 5 year ARM no balloon and 30 year amortization. The reset rate for next 5 year...

A friend of mine owns a lot and wants me to build a spec home on it to sell and we split the profit 50/50. He works a full time job so I would be in control of 100% of the project. If he puts up the lot and gets the c...

Hi BP,I was the high bidder on a duplex on auction.com but it did not hit the reserve. I have sent over the contract and EMD and was told the bank would get back to me within 15 days as to whether they approve the sal...

I’m looking to try to put together my first seller financed deal and looking for some guidance / advice.  I know there isn’t a cookie cutter way of putting together these deals, but looking to cover some of the steps ...

I have commented on others posts regarding MI and Oceanpointe, etc.  And now, let me share my fun experience.My husband and I refinanced our home to purchase a single family in December in Indianapolis.  The seller wa...

We are making an offer on a lender owned property that will need 15-20k in repairs. We are planning on doing most of the work ourselves. We are bidding 10K below sales price (it has been on the market for many month...