Ernesto Duran
Pre-Foreclosure Strategy - Distressed Single Family- Buy & Hold
Question for the group: What will be your strategy in this case, if it exist? Property for sale for $150K (single-family), but the property is pretty distressed. The comps are roughly $160k-$175k for an updated pr...
Timothy Carey
Uneven floors in older homes
I’ve noticed that a common issue with many of the older homes I see is that the floors seem to be wavey and uneven. I assume it’s largely due in part to the foundation settling. I would get an inspection prior to buyi...
Jeremy Little
Capital Gains Exclusions
Hi all, I’m coming to this group because I’ve now gotten different answers from different cpa’s and I figureD this might be the best place to help resolve this or see if I need a third opinion. I’m trying to understan...
Erich Oertel
Altering rental home
So I just rented our home to a tenant. The tenant is asking if they can replace the old front door lock with a digital door lock? I told the tenant if they change the door lock, it must be a door lock that also has a ...
Mark Gibbs
Advice on a 2nd position loan workout
I have been working a loan in Georgia for 5 months and the borrower has finally come to terms with the fact that the lien on her property is indeed intact and needs to be addressed. We have filed for foreclosure and t...
Sang Ji
How to take the equity out of an investment property
Hello there,
I have a quick question about how to get the equity out of my investment property.
I have a single family house that I’ve been renting longterm in Atlanta, Georgia.
Bought it at $180K and paid off abo...
Jon Q.
BP Errors & Crashing constantly
Is anybody else having these problems?When I'm drafting a post to one of the forums, I get an error message at the bottom. Then it resets and usually my post is made, but causes my screen to error. Then I sometimes g...
Gregory Childs
Student Loan defaults
I have a buyer who has a 575 score - but the only thing holding him back is significant student loan delinquencies. From the credit report, it is not a single debt but more likely a semester at a time (CSA/USA Funds m...
Randall Jacobs
You Had Better Check Your Lock Boxes!
I have a SF for rent in Bacliff. This week I got a call from the Galveston Sheriff's Department. They told me that they had apprehended a wire thief at another location. The thief had an extra key on him and they det...
Claudia Ho
Hudson County Questions
Hello everyone, I found some properties with high potential in the Hudson county area ( Union city and West New York) and wanted to hear your thoughts. 1) We saw a 2 family that can be each rented out at 2,000 each. T...