If you are a lender, you might have some interest in a California Court of Appeal decision that applied the full credit bid rule to stop a lender that foreclosed from recovering on an insurance policy for the borrower...
With the new Affordable Homes Act , come Feb 2nd 2025, you can build an ADU by-right and also use the ADU as a long-term rental in Massachusetts. Said differently, you won't need a special ADU permit to create an ADU....
First mortgage, 230k, 5.125, ARM (40 year, about 14 years in), just reset in July (locked in may/June), up from 5%2nd, HEL: 40k @ 3.75% (2 years into 10 year)Property value, 300kSo that puts me right around 90% CLTV. ...
I used a hard money lender to do a rehab. I also used some of my personal money to finish the flip. Can I recover any of my loses on the interest I paid or my other expenses? Thank you,
If you have tenants who are violating multiple sections of their lease, would it be better to send one all-encompassing notice to comply, or one notice for each individual violation? Also, does anyone send a notice o...
Hello BG I currently own 3 rental properties in my area but have paid for all 3 in cash. I’ve been researching and it seems like I could be doing a lot better through financing. I have plenty of cash on sidelines for ...
Hi! A lot of real estate investors in the GTA are banking on their properties going up in value. While past performance doesn't guarantee the future, it sure does give you a glimpse into it.Does anyone know where I ca...
There’s a quote that applies to almost everything but especially real estate investing and it’s this:
When you first start to study a field, it seems like you have to memorize a million things. You don’t. What you n...
I had a renter that caused several thousands of dollars worth of damage to a property. More than the security deposit, and far more than would be recovered by small claims court. What would be the best way to proceed?
I'm under a contract to buy a fixer and spent a bit on inspection and various other expenses.Title company notified me the property has liens and the seller need to bring in additional funds around 20k to close it. Th...