If you are successful, they say it's because of all the money you make in your 'day job' and if you fail, it's because you spent all that time learning about non-financial things.

I had one concern about the older heating system in the property and needing to replace it soon, but OCF was even willing to add a clause to the purchase agreement where they would replace it if it failed within the first year.Communication has always been top-notch, which is exactly what you want as an out-of-state investor.The estimated cap rate has been spot on at 10% so far, so OCF does not inflate the estimate to make sales!

The insurer says that the CC on file keeps getting denied.The borrower is failing to respond to calls/texts/emails/letters regarding the situation.The mortgage that was signed/recorded permits the lender to recover any charges associated with the need to apply this type of insurance policy, but doesn't specify how those charges are to be recoveredIn this example, the annual premium for the FPI that I (Lender) paid is roughly $1000.

According to Georgia laws on eviction, if a tenant fails to pay rent, the landlord may serve a pay-or-quit notice and file for eviction the day immediately following the day rent was due.

Hi everyone,
Has anyone dealt with sellers who didn’t disclose an insurance claim? We were supposed to close on a property in three days, but the seller didn’t mention an insurance claim related to the air duct in Au...

The lack of experience is frustrating but every endeavor I have attempted I have excelled at with enough time and practice and I am not planning to fail in this venture either. 

You could also be considered grossly negligent if you are failing to continuously inspect and monitor the safety of your property.

The involvement of onsite management, often seen as a potential red flag, can lead to the property failing crucial qualification tests.

The involvement of onsite management, often seen as a potential red flag, can lead to the property failing crucial qualification tests.

You would have to build a solid relationship with the title company by providing a lot of business, for them to be able to refer you to those failed closings.