Frank Fiore Jr
To Short Sale or Not To Short Sale That Is The Question?
I realize there is no sure fire way to guarantee a lender will agree to a short sale and in a lot of cases it seems to come down to "the bottom line", will it be it more profitable; or should I say less costly; tha...
Bryan Hancock
Sample Release Clauses For Blanket Loans
I was wondering if someone knew of a good spot to review sample legal language for some sample release clauses for blanket loans. We're about to contract with a seller who will finance a small development project for...
Devin Woods
401k Loans as Capital for Investing
I was wondering if anyone has had experience using a 401k loan for capital towards buying an investment property? Most company 401k plans (including mine) allow you to take out a loan of up to $50k (or the lesser of 5...
Axel Ragnarsson
Six Units Before my 22nd Birthday - Goal of 100 by 27
Hey everyone,A few weeks ago I hit an exciting personal milestone and wanted to share it with all you great folks here on BP. In the beginning of September, I closed on another three unit property in Manchester, NH. T...
Account Closed
Buying second Property After First FHA Duplex
Hi Everyone,
I bought a Duplex six months ago using my tax return. I am looking towards buying my second property this year using my tax return.
I am unsure if i should use a hard money lender and do a flip then g...
Devan Mcclish
1st owner financing deal!
I have been making a lot of owner financed offers recently. I really see the value in using owner financing when I can as long as the numbers still work. I finally got one accepted and closed! Below are the brief deta...
Atul Mohlajee
Tenant late every month for the last seven months
I have a tenant with a yearly lease expiring in November 2014. She has been severely late in rent payments for the last seven months. Gave her a 5-day notice every month. She pays partially and late but pays till e...
Steve Christensen
Contract For Deed Questions
When doing a Contract for Deed, how do you protect yourself, as well as anyone you place in the home?How do you prevent the Do On Sale clause from being exercised?I see many people promote doing deals in a creative wa...
Jim Johnson
How much to pay for the Mobile Home your buying...
This is a question I get all the time when dealing with people entering the mobile home market... and there are a whole bunch of answers. Lets start with one thing in mind, the less you pay- the quicker you recover yo...
Loc R.
The secret is OUT!
I've kept this to myself for a while, simply because I didn't want too many competitors in my area. Well, now it seems like the word is out, so I'm going to share this with BP nation so that you guys in other parts o...