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Team, I have a note that is reperforming and now seasoned and I am going to sell it. The borrower is way behind on her property taxes and is not in a financial position to pay them. My question is: do I pay all the p...
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My fiancé and I recently purchased a Tri-Plex in my name only with an FHA loan. Our goal is to purchase our next property with my VA, then a property with an FHA in her name. A couple questions:1. Will banks conti...
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I have a few questions about "subject to" the existing mortgage and a deal that really only makes sense to me using this type of financing. If any "subject to" experts or those with experience would help me out I wou...
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Hi BP!
I've been chatting with the owner of a 3-family property interested in selling off-market. He has a set of "wonderful" tenants in one of the units who want to buy the place, too. I just found out today that th...
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I working on closing my 1st note and wanted to reach out to the great folks of this forums for what to look for when reviewing files. I actually have a professional service reviewing the mortgage files but the seller...
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I put a property under contract. I submitted the Purchase and Sales Agreement to the title company with a $100 deposit.
I assigned the contract to another buyer. I submitted the Assignment of Contract to the title co...
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Bill Gulley Someone was asking me a question on their home. The Seller is carrying back a note secured by a 2nd deed of trust. The agreement they have is that there are to be no payments on the note, and the buye...
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Having a new dog move into one of our units. Was wondering what kind of lease rules you guys add for pets and how much extra for security deposit and monthly rent?
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Hello, I'm lucky enough that a foreign diplomat is interested in a 4-year lease on my house in Chicago. It's the incoming Consul General for the country's Consulate General in Chicago and his family.A foreign nationa...
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I have the moderate cancellation policy through AirBnB, and our guest did not cancel 5 days out, so they are being charged a fee. Based on the policy, I understand that. However, the nights they cancelled have alrea...