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21 June 2014 | 2 replies
The more that is written out in advance, the less frequent issues occur (ie- disagreement about who is responsible for, what money goes where, etc.)
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22 June 2014 | 13 replies
You can invest as little as $50 in each note to diversify, the interest is deposits into your checking account monthly, and they chase down and file collections to try to recover on any deadbeats if/when they occur.
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8 July 2014 | 1 reply
What I knew about the basics of a short sale are as follows:short sales occur when the lender agrees to accept a payoff amount that is less than what is owed. lender will not approve a short sale amount until the property has been listed and offers are not up to par with what the banks wants.
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22 June 2014 | 6 replies
That would definitely scare me, but for the right price, some people will overlook things, possibly the tragic murder that occurred there.
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25 June 2014 | 7 replies
Just because a judgment lien existed before the notice of default / lis pendens occurred does not change its priority; in most areas priority is determined by "first in time to record is first in line of priority" (assuming that there are no other agreements such as a subordination).
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29 July 2013 | 5 replies
The big boom cycle happens when inventory can't keep up with demand and most of the value add has been purchased and the up cycle is occurring.
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14 August 2013 | 10 replies
No inspection contingency on HUD properties purchased as an investor and earnest money will not be refunded if you do not close unless damage occurs after the property is contracted or title issues that cannot be resolved.
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9 August 2013 | 26 replies
And what thug violence will occur outside their doorstep in a section 8 project.
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8 August 2013 | 4 replies
This happened to a fellow investor in Tampa several years ago.We talked about it & we told him to approach the Bank & offer to stay put, rent free paying the utilities etc to keep the home in good condition for re-sale.Given the all break-ins etc that were occurring with vacant homes they agreed.We have done that here in NY with properties we have taken back or taken possession of from auctions.
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9 August 2013 | 1 reply
What product/method do you recommend to remove the stains w/o harming the brick?