Lisa Hoos
HOA was forfeited in 1997, are you kidding me?
Hi all, I am involved with a horrible HOA. I just was looking on the state website and saw that our HOA was forfeited in 1997. What about all the regime fees I have paid over the past 8 years? I don't understand h...
Michael M.
boarder income on mortgage loan
Hello all,Is there any situation in which I can count boarder income for a mortgage on a second home? I rent out 4 rooms in my home that I live in, and would love to include this on my application for a loan for my n...
Luke Anderson
Tenant Bankruptcy
Has anyone had a tenant declare chapter 7 bankruptcy before?
I had a former tenant that I was able to put out for not paying rent. I got a judgement for the past due rent and started a garnishment. She declared bank...
Johannes Ariens
WA Multi-Family - First Property Help
Hey everybody,I have a place under contract and just received the financials. Here are the details of my first offer and what is was based on:5 Units (all rented) = 1,9951 House 2/1 (rented) = 650 7 RV Hookups @ 350 ...
Tj M.
Insurance on multiple sfh’s on one lot.
Hi. I have a property that has one mortgage but has 4 sfh on it. My trouble is some how the bank can never keep track of declaration of insurance on all 4. I have 4 different polices, 1 for each house. I feel if I had...
Matt F.
Private Loan Tax question
Can anyone explain how private loan from relative or close friend works from a tax standpoint. For example if I were to barrow from a parent and I make interest only payments to them for the loan period. Do I simply i...
John Yowpa
loan questions regarding money loaned to LLC
hi allMy wife and I started two LLCs recently.LLC #1 is her non-profit. This pays rent to LLC #2, which has the mortgage for the property.In order to pay for the property we of course has to use personal finances for ...
Colin G.
Georgia HOA Rental Cap
Hello BPMy partner is encountering some issues with the HOA at a property he inherited in 2012. The property declaration sets a rental cap of 20% with rental privileges granted by the board for board-specified duratio...
Victor Quiroz
HoA Takeover from Property MGMT Company
Hello to All,The neighborhood where I live is managed by a local property management company. Problem is they're terrible. Many of the residents and I believe we would have the support to have the neighborhood turned ...
Cody L Williams
Hard money for newbies
What are all the documents that a hard money lender might want