The aforementioned fines, taxes and other liens would not be satisfied through a foreclosure and would have become our responsibility after foreclosure.Deed in Lieu – The other way to get possession of the properties is to work with the borrower to have them deed the properties back to us.

I would do the following, at a minimum:-request that he complete your rental application (hopefully you have a thorough application),-request identification documents (government-issued),-require that he provide you with proof of his visa status and the authorized length of stay,-verify his employment, income, and financial stability, and-contact his previous landlords for references.If he cannot satisfy these application requirements, do not approve.

We have a maturity of the Hard money note coming up Next week and need to find a solution.With hard money interest, the total note will be about 980K.We have an offer from another hard money to refinance however we would still need 500k to satisfy the first note.

If you do your own thorough analysis of the metropolitan area, neighborhood and property, you have a much better chance at being satisfied with your investment.For example, I'm not sure what market/property you are looking for, but given the $6k out of pocket number, it's likely a cheap property in a B/C neighborhood.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

I would go back to them and ask them to take the time to explain what you've signed until you are satisfied with the agreement.The "exclusive" agreement means they will represent you on this purchase.

I have been using Tenantcloud to manage my 40+ units and so far I was satisfied from the features they provide for $144 per year.

If these have the 2 position's to make up the puchase price, how can I use BiggerPocket's in finding the 2 lender's to satisfy each position to purchase the cash flowing property?

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.