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Results (10,000+)
Martin Tirmenstein Deal is falling apart, advice on Affidavit of Memorandum
20 October 2024 | 3 replies
Only person still communicating with me is the original agent.
H. Jack Miller What do you look for when picking a mortgage servicing company?
17 October 2024 | 1 reply
A lot of borrowers shop lenders for days to find the "lowest rates" just to find out 3 weeks later that the lender cannot perform on their promise.
Daniel Slayton Has anyone worked with Homeroom before?
18 October 2024 | 15 replies
I have contacted them multiple times about the performance with little to no change.
Jacob Thorpe major water damage
20 October 2024 | 3 replies
For example, if you were rehabbing an old house with plaster walls, the insurer might spec them to be replaced with drywall and base their payout on that BUT the public adjuster digs into all those details and makes them payout based on plaster because that is what is there originally.
Jonathan B. HOA Foreclosure with reverse Mortgage
21 October 2024 | 5 replies
Hi Guys,in FL,HOA is foreclosing on a house in a week - Lien of 25k.the property also has a 1st position loan (Reverse mortgage)  that also just started proceedings with no set date or "Final Judgement" numbers yet.On the details of the 1st reverse mortgage foreclosure, its only mentioned that there is 320k principal balance due.The original note of the 1st was issued 2009, with a total sum of 650k, payble up to 2081 (!!).
H. Jack Miller What can go wrong with Subject to Investing
17 October 2024 | 26 replies
Then the properties did not perform the buyers were counting on a little cash flow Delta that over time evaporated they had no ability to refi they were underwater on the exit  IE sales cost and bringing loan current exceeded equity thereby needing cash to close..
Natasha Bradford Need help to understand part of the wholesaling process
17 October 2024 | 12 replies
How can I get the property inspected  or who is best suited to perform the inspection on the property? 
Christopher Mooney Operating Agreements & Best Practices for Partnership
18 October 2024 | 7 replies
Also, explain how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.
Courtney Hamilton Property Management Search
17 October 2024 | 4 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
Account Closed Breaking Down How Much Money You Need to Invest in Real Estate
21 October 2024 | 1 reply
These fees include charges for appraisals, inspections, title insurance, legal fees, lender fees, and various additional fees.Here is a list of some of the fees you can expect to pay in addition to the money upfront when investing in real estate:Loan origination fee: This is the lender’s fee for processing the loan application.