I have a partnership in a hotel and there is a long-term tenant that we inherited. He hasn't paid in 6 months. We filed eviction and he presented a forged note from the prior owner stating he had "prepaid for 6 mont...
Does A private individual doing private mortgages for profit on OO primary residents at 16 percent interest throughout the United States need to be licensed? As a private Lender do you have to provide a GFE, Tr...
Hi. I have a family member from out of state that would like to invest (and help me get in the game) enough funds for me to purchase a REO for rehab and resell. I have the funds for holding it and the costs to repair....
In the process of getting prequalified for a FHA loan and I've been talking back and forth with a real estate agent (known her since I was a kid). I asked her how much usually is closing cost and she said 6%. Is this ...
The tenant suddenly stopped paying rent, claimed 'banking glitch' and squatted for 6 months while we worked through the evictions process. The court ordered the tenant to pay back-owed rent plus interest. 2 years pass...
Hey all, Looking for some help. This is my first property, and i am having a hard time understanding the numbers. Reo for 218kI want to offer 170k, this is a 203k with estimated 50k in repairs. i am asking seller (ba...
HiI just closed on my first property, a duplex that I intend to move into, and it seems the sellers did not turn over all monies at closing. After closing I went to go speak with my new tenants to introduce myself, I ...
As I had to move quickly and give 30 days notice, I paid the October rent and gave notice I was leaving, keeping the utilities in my name. New renters were found in ten days and moved in on October 15th. The landlord ...
Hello out there does anyone know where to find good wholesale real estate contracts that can be looked over by a pre paid legal lawyer. I’m in Connecticut, and just starting out and need to find some good contracts an...
Me and my husband have went to a real estate seminar. And we are wanting to know more about private lending for real estate. We have allready a potential private lender. But it will be his and our first time.