Has anyone in NYS used rent default insurance? Have you incorporated this into the base rent for all tenants or offer it as a separate charge? Or have you required this only after a less than stellar tenant applied? A...

I need BP's help on this one.

My current LL just went into default last week(NOD filed 2/7), I have been month to month for the 14 months. The place is a 4+3 house. The security deposit I paid initially was equals ...

Does anyone have rent default policy? From companies like RentRescue, Steady Insurance etc.. If so, what are your experiences? This almost sounds too good to be true for someone who has significant cash flow.

My partner's father has lost his retirement income due to the stock market crash, he is now planning to default on the mortgage. He is asking if we would be interested in taking over his mortgage by placing my partner...

If a defaulted note is being auctioned, and has a 2nd lien, is the opening bid the amount the amount that the first lien holder agrees to accept? Suppose the note is $55K and opening bid is $40K. Does First Lien get t...

I am brand new to wholesaling and came across a property that defaulted on a reverse mortgage. There are several fuzzy details to sift through. Primary borrower passed away 4 years ago and her son is living in the pro...

One of my hard money borrower has stop payment on his loan. I offered to buy the property for more then the loan amount but he wants to keep the house.this is the first time I am going thru this.Is there a way for me ...

A friend received a Notice of Default several weeks ago. He found out there are tax liens on the property he and his brother held title to as Joint Tenants. Brother passed away 3 months ago. His brother lived in the h...

Investment Info:

Single-family residence buy & hold investment in Newport News.

Purchase price: $70,000

Cash invested: $3,100

This was an investment by default. My wife and I purchased anther hou...

With over $90B in commercial real estate loans due to mature (and default) in 2023, does anybody else see an opportunity to buy and convert these units to residential where applicable? Cost to convert might be high, b...