Walter Fabiszewski
Forbearance and eviction freeze
24 October 2020 | 6 replies
File a Small Claims Court Action and go after your rent.
Cory Lucas
Hey BP, think I did wrong?
1 November 2020 | 12 replies
I review the application first and if it looks in order I proceed to the application fee and third party screening.
Nick Gold
Need help with a deal
30 October 2020 | 0 replies
Any tips on how I should proceed with this deal?
Richard Lincoln
Cheapest way to "refinance" 1st in subject-to transactions?
10 November 2020 | 7 replies
(the former homeowner is the borrower) Hard money is possible, but it's so damn expensive that I may as well just sell the house and 1031 the sales proceeds in to a new property.
Grace B.
How to enforce borrower cover property insurance and property tax
18 August 2021 | 0 replies
I sent two registered delinquent notices to her to warn insurance non compliant and foreclosure proceeding at the end of august.
Tera Bazen
Can two investors use a 1031 AND a mortgage loan to buy a house?
18 August 2021 | 2 replies
@Tera Bazen, The only part of this that is critical is that the person doing the 1031 exchange (your mom) takes title to at least as much real estate as she sells and uses all of the proceeds in the purchase.
Peter Halliday
Interest only note with balloon
20 August 2021 | 6 replies
It’s one things for hard money lenders to do this but residential In guessing courts don’t love.
Steven Scheetz
How to Find Lease Option Property Owners
19 August 2021 | 2 replies
Since you don't own the property you cannot make any major repairs or improvements to the property without the owner's consent because if you make repairs and don't pay the contractor(s) then the contractors will file a Mechanics Lien against the property and the owner will be liable to pay the contractors.If you do repairs to the property and you don't own the property the owner can sue you for destroying the property.Should the seller decide he (or she) no longer wants to sell the property because he either wants to keep it, or he can sell it for cash on the market then he will sue you in court for whatever his attorney can come up with and you can get sued just because the contract the seller wrote has some b.s. that makes in not valid.It doesn't matter whether you are right or wrong when you get sued because when you receive a Sheriff serves you with a lawsuit you now have to make some serious and hard decisions in regards to whether or not you want to pay an attorney $50,000 to $100,000 to settle the lawsuit that often takes up to 5 years to settle in court.How do I know all this?
Kenneth Andino
Anyone evicted a tenant in the last year?
19 August 2021 | 0 replies
How expensive was evicting a tenant in MA past the court approval?
Kevon Reid
Do you need an LLC before or after your first property.
19 August 2021 | 7 replies
It separates business and personal assets and protects your personal assets should someone want to take you to court because of something that happened at one of your properties.