Alicia Marks
QOTW: What advice would you give your younger self?
11 January 2022 | 149 replies
Being punished for failing rather than being taught to learn from your failures.
January Johnson
Can I buy a home directly from an owner facing foreclosure?
16 May 2017 | 72 replies
.—(1) It is unlawful for any person, with intent to defraud the owner of real property, to engage in equity skimming, which is, to:(a) Purchase, within a 3-year period, two or more single-family dwellings, two-family dwellings, three-family dwellings, or four-family dwellings, or a combination thereof, that are subject to a loan that is in default at the time of purchase or within 1 year after the time of purchase, which loan is secured by a mortgage or deed of trust;(b) Fail to make payments under the mortgage or deed of trust as the payments become due, regardless of whether the purchaser is obligated on the loan; and(c) Apply, or authorize the application of, rents from such dwellings for the person’s own use.(2) A violation of subsection (1) constitutes a felony of the third degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084.History.
Danny Clair
FHA loan on 4 plex possible
5 June 2020 | 5 replies
Also, you should know that misrepresenting your occupancy on a mortgage loan is fraud and punishable by up to 30 years in prison and up to $1M in damages.
James Wise
Real Estate Agent Punished for working with Wholesalers.
3 August 2023 | 10 replies
The Ohio Division of Real Estate recently published some yearly reports that detailed all of the fines, punishments, license suspensions and license revocations they've issued to people for illegal activity.Below you'll see wholesalers who were fined for illegally brokering real estate as well as an Agent who was fined and had his license suspended for working with wholesalers.
Nat C.
Suing seller who backed out of contract
16 December 2020 | 56 replies
After hours of conversation I finally discovered it came down being bitter about the situation, and wanting to punish someone for it.My answer to her was, is a 6 figure payday worth sticking it to someone?
Christopher Vaughn
Sending Unsolicited Offers to Get Properties Under Contract
9 May 2020 | 24 replies
We're all being punished because of something a bad investor did a decade ago.
Bill Gulley
Felons, Do You Rent To Them?
28 July 2016 | 20 replies
I tend to think that we coddle criminals in this country with light punishments, but then the punishment follows them for far too long.
N/A N/A
Equity vs. Positive Cash Flow
25 July 2007 | 33 replies
They can't sell their properties and they can't rent without being punished with big negative cash flow.
Justin Denham
Tampa area handyman needed badly
13 January 2018 | 15 replies
Per statute, the punishment for doing unlicensed work is life-altering serious here.
Tareq Salaita
The bubble is bursting and we're still investing
1 March 2019 | 65 replies
That sure punishes people that have owned less than 2 years.