Belinda Lopez
Another Earnest Money situation - Seller won't sign Release to end buyer
I seem to be getting all the 'fun' ones lately!
I had a property under contract with $50 in earnest money to the seller. I found an end buyer and they put up $1k on the Assignment of Contract contract with t...
Hoa Nguyen
Who actually pays the mortgage in a contract for deed situation?
Hey everyone, have a quick question. I have been really interested in pursuing some CFD deals, but I want to understand the dynamics of how those deals are structured that way I know how to word an offer. Specifically...
Jason Wear
Inherited a weird situation as a brand new Lord. Please help!
Basically to make a long story short and to make things as easy as possible without getting any legal entities involved, I have a tenant who vacated the property and left his girlfriend there to take over paying rent ...
Johann Jells
Do you think I have any legal exposure in this situation?
Uggh. I've got a crazy tenant. On the 28th when I was away she emails me saying the apartment is cold. We're having a historic cold snap btw. She immediately escalates to withholding rent. I tell her to call the local...
Sarah Ali
Scared, Nervous and unsure how to start given tricky financial situation
Hello BP members!
I'm excited (and nervous) to be here. I feel completely overwhelmed and not sure of where to start. I guess I'll start by sharing a bit of myself and how I got here.
A few years ago, I saw a listi...
Ludmila M.
Making an offer to a direct seller - a bit awkward situation
Calling on all negotiation experts, including Michael Quarles (couldn't tag him). Tomorrow (Friday) I need to present an offer to a direct seller solicited via my direct mail. The seller is the sweetest older lady, an...
Eric Bate
Here's my situation... $50k cash to play with. SFR vs. MFR?
I've got $50k to work with, and I need a place to live in the Twin Cities (Minneapolis or St Paul). Here are some of the options going through my mind:1. Buy a SFR and get roommate-tenants off Craigslist. (Buy-and-ho...
Joe Henry
Unusual situation - need help selling a property back to the bank
I'll make a long story as short as possible:> House built in 2008, first owners used husbands VA loan to secure (220k loan), stopped paying HOA and bank shortly thereafter (current payoff 500k+). SCRA protections p...
Marvin Eason
I need some advice on my situation regarding a short sale!
Ok, so I live in a house that the owner is doing a short sale, he was asking for 350k, and is now asking 325k. I am currently renting a room and will become the "landlord" of the home come 4/1.
The owner does not liv...
Andy Nguyen
What is better? Refinance or Home Equity loan in my situation?
Hi all,First of all, I just want to say that this community has a ton of great information and for the past week I've been reading/observing so much information about real estate. We are looking into real estate inves...