Tatyana Shevnina
Impound Account Cancellation Question
My lender would not let me cancel my impound account until my LTV is 80% or less. Their LTV is based on the appraisal from 1.5 years ago (much lower value) rather than current FMV and they wouldn't revalue the propert...
Hugo Arce Hodgson
VA Lending Practices
Hello BP, I have a question with regards to a scenario that I am facing with my VA loans. I'll provide some background info. I am currently working as an overseas contractor after finishing active duty I stil...
Wesley Myers
How are you setting rental rates??
We’re getting ready to go live next month or April. I’ve been researching this question by looking at listings in our same unit (VRBO & ABNB) for different time periods. I read that some people have higher weekend...
Ali Jafri
Tenant decides to not move in right before move-in date in New Jersey Rental!
I own a rental property in Cherry Hill, NJ. I found a tenant who signed the lease and paid security deposit. A day before the move-in date, they are backing out. Can i keep the security deposit? I held the property fo...
David Slamer
Newbie in Dayton, Ohio
Good evening, I am a complete newbie that stumbled across BiggerPockets as I have been in the early stages of my research. I have been listening to the podcast and reading as much as possible. After reading a bit, I f...
Lenna Groudan
Texas Realtor Commission Dispute -"Ready, Willing and Able" Buyer
We have had a house listed with a realtor. We started at $254 looking for an owner financed deal but ended up getting the house under contract at $227 with traditional financing. The buyer has not been able to sec...
Stephanie Lopez
Advice for a Newbie
Hello I am new to the investing industry and have been reading/listening to podcast and reading forums. I went on Craigslist today and found the post attached. I decided to reach out. He responded with
“Hello this i...
Eric M.
Lenders, do you have borrowers pre-sign DIL?
I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.
Sounds too good...
Chris Houghtaling
I rent a house in foreclosure, landlord is abusive, evasive. see
I live here in Homestead Fl a 3/2 1900 Sq ft.I began renting this home on 7/01/2015. with a standard written yearly lease. I was never told the house had been in foreclosure since 11/01/2014. In fact on day of origina...
Ann B.
Help with step up basis
I recently inherited a couple rental properties from dad which I plan to keep. I need to determine the step up basis. Do I need to hire an appraiser or can a broker (or someone else) help determine the value? Thank yo...