Niyi Adewole
Putting Together Off Market Deal
Good Evening BP Family,As many of you know, it is getting harder and harder to find deals on the MLS. I recently spoke to the owner of a fourplex right next to my tri-plex and he mentioned that he would be listing his...
Breland Almadova
Home Investor Scenario HELP
Help!!! What would be the correct way to handle this scenario?
I buy a property ($200k) using a conventional loan. All closing cost are $40k. My name is on the loan for $160k mortgage. Furnishing house is $2000. So t...
Matthew Kauk
Help With Seller Financing
Hi, I have a deal that I'm looking at, where the seller is considering seller financing as the house has been on the market more then 150 days.
They currently have a 230,000 mortgage, 48k that needs to be paid for th...
Alfonso Andolz
Advice Needed - Payoff mortgage or keep the capital?
Hello All!Here a little backstory to my situation. I went through an ugly divorce a few years back where she took over the rental property we had, I kept the house we were living in, and I had to declare Chapter 7 ba...
David Zachery
Self employed income too low
My wife and I are both self employed so on paper we don't show enough income for a loan for a property. This would be my first property. I was looking into a turnkey rental. Ideas? Keep in mind I'm new here and so ...
Lee V
how to initiate a short sale?
One of my employees told me today that her mom is planning to let her house go into foreclosure. She states that her mom wants to buy another home before starting to miss payments.
Now, I see this as an opportunity. ...
Eric M.
Judicial Foreclosure and Auction Experts...HELP!
I admit that I am freaking out a bit about a problem I have run into. I consider myself pretty experienced in REI. I have bought dozens of properties at sheriff sale and researched 1000's and I am in the middle of a...
Christopher Morin
Creative Sub2 Deal
Alright so I'm on the precipice of taking on a Sub2 deal that is just tricky enough for me to question if I'm able to pull it off...Lis Pendis has been filed already. The home is in arrears by about 11k, and has a to...
David Katz
Point Buydown on Mortgage
First-time investor looking to purchase a TK property that I plan to hold long-term. Been shopping around for some rates assuming 25% down and 30 years. Got a quote of 5.5%, which can be 4.875% with 2 points. I und...
Roger Evans
15% down portfolio program? 6.75% interest
I found a 3 unit multi family today. I have pre-approval for 15% down on a portfolio program non owner occupied. Interest rate is 6.75% how insane is that? My FICO score is 799 am I getting boned? I’ve never heard of ...