Can you wholesale properties that are in preforeclosure and foreclosure? From my understanding, a sale prevents the foreclosure correct? Please advise.
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2 properties for sale in the same neighborhood. 1 is 45,000 the other is 49,000. Tax assessment of both is 10,000 lower that the asking price. The offer made is: He, (the owner) will sell both for &5,000 cash and...
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Perhaps I have been lucky to avoid this on the first handful of properties but I recently had my first dispute with a contractor. I received a bill for much more than we agreed to. I called several times to try to s...
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http://business.ftc.gov/documents/bus49-using-consumer-reports-what-landlords-need-know
Hey everyone,
So I read this online today, and am wondering if others are properly following the law when screening tenants? I...
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This post relates primarily to California:
Hard money loans are often made at rates that exceed usury interest limitations. On hard money loans, California trust deeds can be exempt from usury interest limitations u...
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Hello all,Not sure if this should go into Personal Finance or not. Anyway, question is as stated - does your hard money loan count negatively towards your DTI ratio? I am wondering specifically in the context of if y...
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Hello,I was wondering if someone had some insights on what happens if someone wins a property Tax auction bid on a defaulted property.I saw a property listed for tax Auction and with some more due diligence I happen t...
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I am thinking about getting enough credit cards to buy a home with them instead of using the bank..
Here is why.. I bought two homes this year and I am almost out of money.. My thought is this. If I can buy a third h...
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Economic Update
(Monday, June 22, 2020)
The recession that started in March was the sharpest downturn since the Great Depression. As it turns out, it may also be the shortest. This doesn't mean our economy is ...
We just listed our first rental property (Ontario) and have a fair amount of interest in the unit. Someone messaged and after all the arrangements were made to meet, they inform us that:-they own businesses but don't ...