Jonathan Chan
Thinking of becoming a private money lender? Vet your borrower properly!!
25 November 2024 | 16 replies
Based on personal experience, I would add assuring the lender is specifically authorized to perform an on-sight property inspection, at the lender's discretion / convenience.
Steve Hiltabiddle
Notice of Default - Process and options
19 November 2024 | 10 replies
Given the legal challenges that can come with Foreclosure, I recognize the importance of having an Attorney involved for the Foreclosure process.
Bracken Bjorn
First-time investor: Out of state or local?
25 November 2024 | 14 replies
I do recognize the value and potential for great gains in doing a fix and flip and it is definitely on my radar.
Al Gordon
Hello - New to BiggerPockets Pro
19 November 2024 | 6 replies
A lot of investors when they start to scale keep the numbers, but don't recognize the duds in the bunch.
Jaime Farias
TEXAS wholesaling contracts
22 November 2024 | 33 replies
TX state statute recognizes Options, but seems most title companies and attnys are ignorant of the law, sad to say.
Griffin Malcolm
Are Solar Panels Worth It?
5 December 2024 | 34 replies
If you have to replace your roof, you will need to have the panels removed and reinstalled by an authorized solar installer - quite probably the same company who installed them in the first place.
Cameron Chambers
Anyone in the forums from Canada?
26 November 2024 | 127 replies
It's a quadruplex (only 3 units recognized though) in Saint-Jean-sur-Richelieu, a smaller town about 45 minutes south of Montreal.
Jon Pflueger
Existing Residential Property in Commercial Zoning, can I build addition?
17 November 2024 | 7 replies
It's essential to verify if your property falls within such a mixed-use district.Special Authorizations: In M1-2D districts, residential uses may be permitted by authorization from the City Planning Commission, subject to specific conditions and bulk regulations.
Troy Welch
Legal Advice-1st Position Lender, Borrower Filed Ch 11 Bankruptcy
20 November 2024 | 2 replies
Defaults and Remedies A default exists under this note if (1) Borrower defaults in the payment of this note or in the performance of any obligation in any instrument securing or collateral to this note; (2) (a) Borrower or (b) any other person liable on any part of this note (an "Other Obligated Party") fails to timely pay or perform any obligation or covenant in any written agreement between Lender and Borrower or any Other Obligated Party other than as described in (1) above; (3) any representation in this note or in any other written agreement between Lender and Borrower or any Other Obligated Party is materially false when made; (4) a receiver is appointed for Borrower or an Other Obligated Party or any property on which a lien or security interest is created as security (the "Collateral Security") for any part of this note; (5) any Collateral Security is assigned for the benefit of creditors; (6) a bankruptcy or insolvency proceeding is commenced by Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party; (7) (a) a bankruptcy or insolvency proceeding is commenced against Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party and (b) the proceeding continues without dismissal for sixty days, the party against whom the proceeding is commenced admits the material allegations of the petition against it, or an order for relief is entered; (8) Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party is terminated, begins to wind up its affairs, or is authorized to terminate or wind up its affairs by its governing body or persons, or any event occurs or condition exists that permits the termination or winding up of the affairs of Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party; or (9) any Collateral Security is impaired by loss, theft, damage, levy and execution, issuance of an official writ or order of seizure, or destruction, unless it is promptly replaced with collateral security of like kind and quality or restored to its former condition.
Scott Blevins
Section 8 investing
21 November 2024 | 18 replies
Hi there,I am trying to give the housing authority route a go, but need help with the progress and not really getting any from the people that work there.