Greetings from Asheville.I've just run into what I think is a major snag into doing foreclosure rescues using "Subject to" financing in North Carolina due to NC General Statute § 75-121. Here's what it says in a nutsh...

Well, this note biz always has a new twist thanks to the feds. We just got this email from our servicer in regards to a loan that we purchased which is a fully amortized, owner occupied, 30 year P&I note at 12% co...

Does anyone have practical experience with CA FTB catching unregistered disregarded LLCs, and how onerous are they on penalties? Since the LLCs are disregarded, they dont even explicitly appear on tax returns on Sch E...

I'm looking to purchase rental properties and I wanted to read up on the laws and responsibilities that will be required of me. I was told about Statute 83 as well as updates to the laws as of October of '19. However,...

I'm in escrow to purchase a property.  I just received the real estate disclosures and it lists the owner's mother died of natural causes in bed couple months ago.  The son is the current owner now.I believe I have to...

had first tenant commit suicide in my apartment.any advise?

I have received the deed from a home in BeaverFalls PA. The home has a mortgage from 2005 represented as IndyMac. IndyMac has transferred to another bank in 2009 which was purchased by another bank in 2014. IndyMac is...

Hello BP Community!
Any advice or additional options would be wonderful here. Some family friends reached out to me for advice as I work in Commercial Lending, but unfortunately this is outside of my wheelhouse. So I...

So I haven't run into this yet but as I grow I imagine that my odds of a tenant dying grow.Here are my concerns:Who becomes responsible for that month’s rent, if anyone?Who becomes responsible for the dead tenant’s po...