David Stewart
Investors Beware: Fraud - Atlanta area General Contractor
13 March 2017 | 9 replies
I had not used him in the past.This person also tried to obtain money via a claim of completion on an insurance roofing job.
Cheryl W.
Mortgage Refinance Fees
17 March 2017 | 2 replies
So they are on the high end but that make sense if they are claiming that pricing is at par and they are only charging 1%.
Mark Ferguson
I finally sold my high-end flip and made about $130,000 on it
13 March 2017 | 13 replies
yes, because we were getting no where negotiating with each other and she had no money to hire a lawyer or so she claimed.
Kino Elliott
Essential property inspections
13 March 2017 | 9 replies
They will hire a local inspector to do the inspection and then issue you a policy that says if the inspector missed anything, you file a claim for damages with them and they will pay it.
Aaron Frances
CashOut APR climbing as I ask to max out at 80% ltv
10 March 2017 | 3 replies
Hi Everyone, i'm doing my first cash out Refi and was quoted at 4.75 initially but now lender claims because I asked for 80% ltv cash out that it may climb up to 5%.
Laura Thorne
Professional Investor: can offset spouse's income?
10 March 2017 | 1 reply
If I log the requisite 750 hours of real estate-related work a year and claim to be a professional investor, can I use my tax deductions from real estate to offset my spouse's ordinary income?
Sam Liu
How long does eviction (with Tenant bankruptcy) take in Memphis?
18 April 2017 | 33 replies
In that instance, any rent that was due prior to the filing of the bankruptcy petition is put into the tenant’s bankruptcy plan and is treated as a secured claim to be paid at 100%.
Amit Barman
Hard money and cash out refinance
14 March 2017 | 3 replies
Not sure if this is the right forum to post this, I came up with this plan, which, I am sure, many of you have used already, so can not claim it as creative, but like to get your opinion on pros and cons of this concept.I was looking at hardmoney loans, so if I borrow 100K at 10%, I pay $1000 a month, $6000 for 6 months, so If I can buy, and fix a property say in 150K neighborhood for 100k, put it out for rent, refinance at it's comp of 150K, so, at 75% of 150k, for $112,500,(after closing may be around 105K), pay off the hard money, so pretty much at a price of the closing cost, I can get an investment property.Please let me know if you see anything wrong in this process.
Betty Cruz
Hail damage and insurance issue
15 March 2017 | 8 replies
I asked the owner to file a claim with his insurance company during our option period and he refused.
Justin Garrett
Military capital gains
17 March 2017 | 7 replies
You can qualify either by meeting a set of standard requirements (the “safe harbor” provisions) or by showing enough facts and circumstances to validate your claim.