Adrian Wooten
Purchasing a property with title issues.
Hello BP Georgia,I am debating on putting an offer on a duplex that for a buy an hold investment. The property is an extremely low price (9k) due to it being a tax lien auction purchase and is not eligible for title i...
Josh Caldwell
Buying 2nd position debt and challenging a flawed 1st mortgage
Challenging a flawed mortgage I have read a few stories about home owners challenging flawed mortgages, and getting 1st position bank notes extinguished. As I understand the concept (shaky grasp at best) the key is to...
Eddie Egelston
Anyone see water seepage through the slab?
Hi BP,I was looking at a house and I found a puddle of water in the middle of the basement floor. Not near anything. Not near the sump pumps, furnace, washer / dryer and there was clean drywall above the spot. It did ...
Michael Wentzel
putting a private investor in 2nd position?
I have been using private lenders the last couple years. I typically use a promissory note and a deed of trust to do the loan and close with a title company. I now have a private lender who wants to the split the loan...
Richard Rodriguez
Buying a property by doing a deed transfer
Let's say the owner is pressed with a time-sensitive matter because they need money asap.
I am willing to loan them the money but need collateral so I want to have them transfer the deed. They also want me to buy the...
Matthew Duke
Meth test came back positive - should we ask for lower price?
Hello everyone - We put in an offer on a duplex - it got accepted. We were very excited to move in - on the last day of our due diligence we performed a meth test and it came back positive. The seller is going to inde...
Patrick O'Donnell
The Capital Stack and Debt & Equity Financing
Hello,This is my first post, it's meant to be a post on the basics of the capital stack and the advantages and disadvantages of equity financing...I figured this would be the appropriate sub-forum to post this in.Capi...
Account Closed
How do you present a cash offer?
When you talk to sellers how do you present them a cash offer? What do you tell them?Example: hi, would you consider a cash offer we close quickly etc.. etc.. How do you present your cash offer?
Ana Hyler
Investing in a small town
Does anyone here have investments in small towns? I mean 10,000 population or less. If so...would you recommend it?
Paul Kit
seller financing with balloon payment. help!
please bear with my stupid question. I am learning.Seller offer seller financing with 15-20 years amortization and 10 years balloon. Is it better than a fixed 15-20 years term?What should I concern?