Account Closed
Borrower defaulted - should I accept deed in lieu of foreclosure?
Hello,I have a question regarding deed in lieu of foreclosure vs. foreclosure itself. My borrower is in default and offered to "sign the title over" to me. If I have a title search done and it comes back with no juni...
Anthony Petrarca
Listing, showing and renting vacant units amidst COVID-19
How are you handling vacant units during this mess? I have one vacancy which I've held off on and another coming up at month's end.Are you showing them, is it legal?
David Doyle
Can Lease Option Sellers Qualify For New Mortgage ?
I just learned today that many times if a SELER on a lease option deal leases their house out on a option to an investor., is now NOT in the POSITION to QUALIFY for a new MORTGAGE on a new house he can move into.I ...
Account Closed
Looking for big deductions to close out 2013
Any ideas? Would it be a good idea to buy a new truck this year? Any other ideas to get big deductions for 2013? @Steven Hamilton II
, anyone else?
Francisco Ycaza
Understanding Commercial Building Financing
Good evening Colleagues,
I join BP just about 2 weeks ago and this is my first post . I sent out a Yellow letter to a owner of a small Commercial building in the Bronx , New York back on November 20 and 4 d...
Ophelia Nicholson
Can a seller terminate a contract without a valid reason?
Ok so you would think all the houses I've bought that this would have come up before- I have a property under contract that is a short sale. The property is in pretty bad shape, broken windows, doors, stolen AC, c...
Jonathan G.
15 year or 30
Question, first deal. For a Single Family Home. What would you suggest, 15 year fixed or a 30 year fixed? Please tell me which one and why and also if you are willing positives or negatives if either. Thank you al...
Leo Maldonado
Seller not wanting to accept FHA Offer?!
Hi Everyone! So I have an interesting situation here. I am looking to get into my first real estate investment! However, the seller is not wanting to close on an FHA, he would prefer a cash offer. This I don't underst...
Johnny Manziel
QUADPLEX DEAL - PLEASE READ
B+ area, built in 2006, parking, separate utilities, has good parking spots, real hardwood floors, wash/dryer exposed in kitchen, 2br/1.5ba units, good rental history, rent is $3200 gross, but ill live in 1 unit so th...
Shane Short
Mobile Homes- Young and looking to get my feet wet.
Hi everyone! I have some questions regarding mobile homes. I'm currently 21 years old, and "living" in the Portland, OR area. I currently travel for work 8 weeks on 1 week off as an engineer. I've been reading article...