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I'm a somewhat recent grad making a fairly decent income. Was planning to save up over the next 6 mos to a year to purchase a home (that will eventually be a rental property). I know some people that I am very close...
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Hi BP friends. I'm currently a private money lender based here in Phoenix. I'm currently seeing a surplus of capital and reduction of rates with new competition. I'm looking for alternative options to place capita...
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I’m looking to purchase my first property. I proposed the idea to my father and he likes the idea. My dad and I have a modest amount of money to get started. I’m very nervous about getting into money and business with...
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I have been doing a lot of research regarding the Dodd Frank act. I have a couple of ideas that might help avoid legal issues with Dodd Frank. I spoke with my attorney yesterday and he said on one knows if rent to own...
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Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
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What is the current status of the eviction moratorium in Minnesota? What, if any, protections do landlords have?
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As a rehabber, I'm willing to borrow money at more than the usury-limited rate of 10% (I live in California). I have seen posts in the past indicating that private money can be loaned at higher interest rates if the b...
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A tenant owes partial rent and late fees from prior month. Rent is due Oct 10th, last night she informed me she is breaking the lease and asked if she could ride out the month of Oct, promising to be out by Nov 1, and...