Michelle Dalton
My daughter wants a home and I want to help
My daughter is fresh out of college. She has a great job. Steady income. Very financially responsible. She has been saving for years to have a down payment for a home. But her credit score is too low for approval for ...
Blaine Shannon
Trustee's sale of junior loan
What happens if 2 junior loans are going to trustee sale on the same property? What happens to the senior loan? Why would you bid on a junior loan? What happens to the property if no one bids on the junior loans? ...
Dustin Lyle
Using a "repair escrow" to pay for rehab?
Right now I'm looking at a MONSTER of a deal that I need to move rapidly on, I need to know the general concensus on my idea... I'm sure its used in other places, I've seen it in HUD deals and I think someone used it ...
Cristiana Kimmet
Commercial property rights on lease
Hi, I am new to this. My husband and I just had a great opportunity to invest on a commercial unit and the biggest reason we jumped in is that the unit is being leased by someone we know and she doesn't plan to leave...
James Graven
Where do landlord's look for an eviction??
When a landlord does an eviction check, where do they look? Is it just the official records?I know someone who lives with two roommates and they have 4 (yes, 4!) judgements against them for an eviction just since Feb...
Mary Jay
How to get out of a purchase contract?
Hi guys,I was thinking of buying this house, and I am in escrow and the contract is: "Contingent on buyer's due diligence."However, I have realized this property is not a good investment for me for many reasons: one o...
Brooks Rembert
If I own a House Free and Clear, Can I Sell With Seller Financing and Refuse Third Party Financing?
Title says it all. If I'm interested in still receiving some cash flow, can I stipulate that I'll only sell on Seller Financing? Even if it means I match the terms a buyer gets from a mortgage lender.
Eli Gilbert
Flipping / Rehabbing profits!
All you successful Flippers and Rehabbers!Do you have a formula for how much profit you want to aim for in your rehabbing!Obviously the number should change depending on the size of the deal, the risk etc!Please BP fa...
Moises Acosta III
Problem tenant in my first home that I turned in to a rental.
Hello all, I have been renting my first property for about 5 months now to a section 8 tenant.
This property was my personal home for about 5 years and I decided to rent out and test the landlord setting out.
The h...
Gabriel A.
Writing Business Checks With Clauses?
Every now and then, I'll receive a legitimate check in the mail with a warning that by endorsing it, I'll be agreeing to sign up for an insurance policy, a magazine subscription, or whatever else.
Anyone know about t...