Manny Cirino
Short sale investors referred to as organized crime groups by Fannie and Freddie???
So I like to ready different real estate article on a daily bases from forbes, yahoo, msn, realtor.com etc... Today I came across the most ridiculous article! It simply states that Fannie and Freddie see short sale fl...
Greg W.
Balloon payment due on building
Hi,A few years ago I purchased a 7 unit building with seller carrying the mortgage with 2% interest for 3 years that ends with a balloon The price was $310,000 and I put down $30,000. I made a mistake of not getting a...
Angel Perez
Pre-Foreclosure Partnerships with homeowners/sellers
If taking over a property "subject to" what would be the Cons to simply having the homeowner transfer the property to an LLC which outlines the ownership percentages negotiated and having the homeowner be a partner in...
Rickina Velte
MLS & Wholesaling
Everything I read and hear says you can't wholesale from the MLS...and I'm wondering why that is? If I find a potential property that is priced below market value, am I not able to put it under a contract because I ca...
Chris Clothier
FNMA Deed Restrictions and Loans
I would love to get some insight from anyone on the site who has dealt with this situation.
I think many of us are aware of 90-day deed restrictions. Has anyone had any trouble borrowing funds to purchase an FNMA ...
Chad U.
Code Violation Liens in Florida
Hi BP,Here is my dilemma, I won an Auction.com property which states they will be providing a SWD and insurable title, yet the addendum supplied by the bank in the purchase agreement states: "BUYER UNDERSTANDS AND ACK...
Ganesh S.
Attorney taking us for a ride?
Hi folks,
We had a tenant who was back on his rent during the 2009-2011 economic downturn. We had them evicted, with a payment plan for rent owed. To cut a long story short, our attorney (to our surprise) pe...
Kristine Eickman
Fraud going to walk away with escrow money
So this is going to be long so I apologize.We own a short-term vacation rental that we are in the process of selling. About 3 weeks in we got a full price offer and was told by the buyers agent it was going to be a ca...
Patrick Campbell
ADA trained dogs vs ESA (emotional support animal)
I'm in Florida and I have been in the business for over twenty-five years.In recent months, we have had a high number of tenants going to websites to get an ESA certification. They then tell us that they are allowed t...
Mark Douglas
Please HELP!! Property Management Nightmare
Happy New Year eveyone...I hope that someone can help me with a nightmare I'm dealing with. I have a Property Management co for a rental that I have in Arizona. The tenant skipped in Sept with 3 mos left on the leas...