Renee Dumont
Advice for investment and retirement
We are getting very tired of running our small biz,We are wondering what is best to invest approx 100kPay Debt or Fix & Flip?We own 2 houses loan 80kand - loan 195kWe are no longer interested in rentals, but perh...
Ryan Mcleod
Saving home from sheriffs sale
Looking to save a home from Sherriff’s sale. Home is located in Pennsylvania, and schedule for sheriffs sale the end of June. Mortgage Company wants $60,000 in back payments and late fee’s to prevent sheriffs sale. C...
Hooch ®
Buying a Paid For House With Liens and Not Paying Them
I've got a question for those here who have a good handle on real estate law and a second part question on insurance ramifications.
I'm a landlord with a number of properties that I have historically bought by payin...
Ti Hon
What happened to" HELOC " in the short sales proce
I have heard several different stories in regards to the " Home Equity Line of Credit " in the short sale process in which the lender of the HELOC still can put liens on your assets such as your IRA accounts .. is it ...
Albert Hepp
Tenant in Bankruptcy, can I DIY (Do It Yourself) and get paid?
My tenant is 2 months behind on rent, and I just received in the mail a B9I Notice of Chapter 13 Bankruptcy Case, Meeting of Creditors, & Deadlines.The tenant has listed our lease, and the 2 months he is behind, w...
Thomas Pham
Trada Exit Strategy
Hi Everyone,
Would anyone know of an exit strategy or heard of exit strategy from other investors of Trada? I am scheduled to close on a property next month from Trada and no longer qualify for the loan since I am s...
Doyle Brewer
Mortgage loan from mom - 1099-INT?
Does the lender or the debtor initiate the 1099-INT in a family situation like this?
Adam Walter
Trustee is trying to void my mortgage in Bankruptcy court
I have an interesting situation and trying to figure out the best solution. I sold one of my rentals to my tenant with a seller backed mortgage and note (this is in Ohio). The date of the note and mortgage was Octob...
Anastasia Jordan
Tax Lien Redemption Problem (Took a loss in these streets......)
Purchased a tax lien.Took possession.Made repairs.Received a redemption request.Responded within 10 days with a bill for repairs.Redemptioner received the bill (certified mail signed receipt) on 12/12/17.Lawyer respon...
Andy H.
Evicting a tenant who filed for bankruptcy: cash for keys?
Has anyone ever offered a tenant who is behind in rent and has filed for bankruptcy cash-for-keys to get them out?We have a property in Memphis that is being managed by a property manager. The tenant paid May rent, bu...