Keep us up to date.

I noticed that the payment was never pulled and on my mortgage portal it says "Payment Date: Servicing Transferred" There is a notification that says "Please refer to your servicing transfer letter for more details."

Greetings BP community,I am a newbie investor/ REALTOR in the Atlanta, GA area and I have my first rental property deal under contract- close date set for Sept. 17th.

The qualified indicia of ownership must be held by the EAT at all times from the date of acquisition by that person through the date the property is transferred.

And why is the lawyer calling you the day before, they have these court dates in advance. 

I didn't realize that this was going to turn into a post.To answer your question: 2 of the 11 have already liquidated1 as a short sale in Skokie, IL1 sold to a 3rd party at the sheriff's saleOf the 9 remaining:1 is an RE about to hit the market in Fairview Heights, IL1 is a DIL in Park Ridge, IL1 is waiting for confirmation of sale in Berwyn, IL4 have upcoming sale dates (including 1 in Harvey, IL)2 are pre judgment

House hacking is how I started; with a 3family in Lowell and it cashflowed $500 at the date of purchase 2016.

I suspect a lawyer could have sped things along and gotten our side spoken to a judge (I think the judge had no idea the squatter had vacated the property a month prior to the court date).

If your bank is at 25%, then you can go to a seller with the proposal of giving them 75% of purchase price upfront, then the other 25% at a refinance or later date.

Heard about it on the expiration date of my annual contract which allowed subscriptions to submarkets.