Hello BP,If I have a non performing 1st lien note, may I contact the borrower to negotiate a payment plan or workout plan without having a mortgage broker license? Would I be able to change the terms of the original c...

I am about to take the plunge and become a landlord. I just wanted to run some numbers by and see if it sounds like a good deal and if I should create a corporation first for myself or some other legal entity and ...

I have an odd situation where we want to sell our old primary residence to a very good friend.  This is to help everyone involved but there is the caveat about business dealings with friends or family...Our old house ...

Hi All,I'm a newbie investor and thus, I'm still learning and wrapping my head around how mortgages and various financing options work. I apologize in advance for this post being long, but I want to be thorough so tha...

I’m looking for some advice and or ideas in my first deal using a Self Directed IRA. We have a place under contract. The ARV is $40k - $50k more than the purchase price. Once all repairs and updates are included what ...

@Bill G.Originally posted by @Bill G. in another thread:Different types of notes require different compliance requirements. When you buy a note, any note, you take on the liability of it's origination and all past s...

I am located here in Kansas City and curious what you Pros think regards to holding vs flipping properties? What are the advantages and disadvantages?

Hello BP!!

During some research I have came across Dodd-Frank and SAFE act regulations with seller financing. As a new investor should I meet with a RMLO and/or Real Estate Attorney:

Before I start maki...

I’ve heard most investors say they wouldn’t pay any money upfront but then most contractors I’ve heard say they wouldn’t start work without a deposit. How do you come to an agreement where both sides feel comfortable...

Situation: I've got this deal I'm working on where a shortsale was initiated by the current owner. The sales price ($37,000) was approved by the lender and we made an offer for $35,000 that was accepted. I got the...