I wonder what your opinions of allowing delinquent borrowers to change the terms of their mortgages are? To me, there is something fundamentally wrong with essentially rewarding lousy borrowers by extending their ter...

My servicing company just closed shop, and was trying to get a feel for what people are now using, good or bad.  I am only interested in companies that will do the full-service workouts on non-performing notes, primar...

Getting preapproved *without* income Hey Bp,
I’ve finally decided it’s time to purchase my first investment property (live in house hack). I have savings from my days of bartending a few years back and what I’ve been...

BP Family,
Wanted to talk about the power of habit and how it can lead to long term success.  I think we would all agree that any major success requires consistent action taken over a long period of time.  With that ...

Hi. I just recently purchased a small note pool and the collateral file on one particular note appears to be missing a few things. Specifically it's missing:

The original note. There is a recorded copy, but ...

I'm can't wait to dive into the large world of investing especially in real estate market but often times when I'm putting tighter my plan to run with I'm faced with many problems for instance I was planning on buying...

I was wondering if anyone has some creative workout agreements that they would be willing to share?  Additionally, I would like to find some examples of forbearance agreements and things that should be taken in consi...

I'm looking at a quadplex out of state. I'm in California, the property is in Texas.I have total faith in the real estate agent, as I have known her for 15 years and trust her judgement. She thinks it looks good and l...

If I purchase a non performing note and work with the homeowner on a loan modification do I have to go through a MLO?

Okay since I got into the REI game and realized how much money there is out there I am constantly on the computer comparing deals. And ever since this happen and me passing the state where my matabolism works faster t...