Hello BP,If I have a non performing 1st lien note, may I contact the borrower to negotiate a payment plan or workout plan without having a mortgage broker license? Would I be able to change the terms of the original c...
Hi all,I was reading Philadelphia Fire Code. And in section F-908.7.5 it stated that owner of the building (landlord) shall post a notice in common area and inform tenants about CO alarms and provide with manufacturer...
Hi All,Happy New Year! I am (hopefully) close to closing on a SFR in Gloucester City, and the seller and listing agent made it sound like the City inspector for CO was pretty strict. I am wondering if anyone has any...
This question is specific to the state of Florida (maybe others as well, but I'm interested in FL)We have a condo (Co-operative legal structure) in Florida. The management company is telling us that the association i...
I am a licensed RE Agent + Investor with few rental properties. I set up S corp for my RE Agent practice and therefore when I rent my own property, I write a commission check to my brokerage firm and he writes a check...
Do any landlords require a deposit when a application is submitted that goes towards firsts month rent to cut out all the BS ($10 or $20) If it rejected they will get there money back. To many times I receive a ap...
Hello BP family,I'm looking into investing in multi family and SFH's in the Ypsilanti area of Michigan. My thought is to get renters from the University's that are close by, (Eastern Michigan University) and (Univers...
I'm using a Hard Money Lender for a Flip. I paid the contractor a portion of the original bid amount to start on work. He has not finished the work he was paid for but has started on "change orders" that I did not aut...
A buyer came to me and I started showing houses. After 7-10 showings they put an offer and them they told me they were working with another agent from another part of the state with no access to our MLSIs there anythi...
Hi
My name is Jim, I am a newbie tryin to learn about foreclosures. If I am in the wrong forum, please direct me to the correct place.
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I am interested in buying foreclosure property. I was told I could be respnsibl...