Bienes Raices
Confused about title problems on REOs
I used to believe that the title came clear with an REO, but after reading on here I see that's not the case...
My question is, is it safe to use the owner's policy & lien search that the bank's title company wil...
Rick Shepard
Cashing out a lease-option...
We have a free & clear house in Huntington West Virginia that we have sold using a lease option. We sold the house for $17,500 and get $500 per month at 11% interest. The buyer is employed and has made 6 regular p...
Rammohan Rao
Lots of yellow letters (direct mail) came back
I have sent around 250 letters to Foreclosures and Tax delinquent based on the list from public records - why so many came back and what kind due diligence I should do before I post them !!Thank you
Nathan Williams
Penfed HELOC and homestead exemption requirement
Hello, I was looking to do a Penfed Heloc on a Houston investment property I have. But I was told a requirement from the mortgage consultant that does not make sense at all: the property must have a Texas homestead ex...
Rodney Starkes
Advice about using VA Loan
Hello,So I've used my VA Loan to Refinance my primary residence and I would like to use it again soon (which will be under the 1 year time requirement). My mortgage company said in order to do that I would need a good...
Brandon Gale
Creative financing for my 2nd deal in a competitive market
I bought my 1st property (3 family rental) a little over a year ago with a 5% down owner occupied loan. I just finished a cash-out refi and want to use the money to buy my next rental property. My plan is to do anothe...
Armando Duran
Getting the buyer to sell land
Hey BP members,
I want to see if i can get some pointers on how to go about a land buy.
Last Saturday we noticed that our neighbor was packing her stuff out of her mobile home and people were loading up her belongin...
Chukwudi Motanya
Owner occupant analysis for Multi Family Unit
Hey everyone I am currently looking for multi family unit properties to one day become an owner occupant investors. From reading posts and blogs from this website, I am familiar on the analysis that goes into finding ...
Jeffrey Grieshop
preforeclosure basic questions
Why would REI Pro list 100% "potential equity" but then it is also showing as a preforeclosure, lis pendens, filed 1/24/20?
So, this could be paid off in full but that doesn't mean it is. If it's paid in full and in ...
Brady Groves
Investment Gone Wrong
Investment Info:
Single-family residence private money loan investment in Rapid City.
Purchase price: $175,000
Cash invested: $1,200
Sale price: $185,000
Bought this house with owner financing. T...