Adam Z.
Possible to “subject to” with lien on property?
I found an off market property in which the owner had stopped paying her mortgage and foreclosure was imminent. I put in an offer to purchase the property for how much she owed on the mortgage. The day before closing ...
Christian Bors
What to do during insurance claim and bad weather?
Despite being a very gentle winter on the east coast, the past month has caused me several headaches. The problem I am dealing with now is the following;About 3 weeks ago, my area had an excessive snow fall over 30+ ...
Benjamin Orozco
Brother in law burned my credit to the ground! No bank financing
Hey everyone looking for some wisdom.I co signed for my brother in law for a 2017 Toyota Corolla. He’s sent 4 late payments in the last 7 months and be torched my credit score down to 625.I’ve been denied financing by...
Jimmy NA
Pre-existing Tenants
I have been looking at a couple buildings lately that I am interested in purchasing. The buildings pass my expense/income standards (and the price is right) but I am worried about the quility of the tenants. I have n...
Brie Schmidt
Breaking News: Eviction Ban Is Unlawful
Court Strikes Down Eviction Ban
U.S. District Court Judge Dabney L. Friedrich of the District of Columbia struck down a nationwide eviction moratorium Wednesday, calling it unlawful. Friedrich's ruling applies nation...
Dustin Burke
CDC COVID Declaration Form - Time Limit/Deadline
So my attorney tells me that he won't file for foreclosure because the Sept CDC order (Temporary Halt in Residential Evictions To Prevent the Further Spread of COVID-19) does not provide a deadline or time limit for ...
Eva Henry
When are you ready for the second property investment?
I have purchased my first property this year in February. It is a duplex that I am house hacking. I have had a steady paying tenant for 7 months. Despite the small preventative maintenance and home owning surprises (...
Mike Malyy
Mortgage I am not liable for counted in my DTI
Hi,I am a still a small time investor and still work my W2 while I try to build a portfolio. I am currently running into an issue with some lenders which prevents me from acquiring financing. I own an investment prope...
Sam Leon
Who "TYPICALLY" pays for irrigation of a SFR lawn?
Location is Florida.
Lease does not stipulate who pays for the watering of the yards.
During the initial lease negotiation, the topic did come up. The realtor said we both contribute. I pay for someone to mow the ...
Charles Stubblebine
HELOC
If you open up a HELOC from the equity on a SFH and then decide to sell the SFH a few years later what would be the monetary consequences if any? Does the HELOC prevent you from selling if you have a HELOC open on the...