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Rich - I received a call recently from a company in Las Vegas that claims to purchase sub 2 with properties with NEGATIVE EQUITY. Here's the link:
http://sshrp.com/sell-your-property
So a buyer would purchase the hou...
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How do I buy the following house the right way?
End-unit twin in Phoenixville, PA 19460 was on-market in Spring 2013 for $139.5K in challenged condition. Sat for 260+ days, moving on and off. Believe seller g...
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What are some tips for analyzing "rescue capital" investments as an LP? Assuming you did not invest originally.To clarify, I am coming across some opportunities where a sponsor is in the middle of the biz plan, their ...
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What is a foreclosure rescue scheme?
A foreclosure rescue scheme is a type of fraud that takes advantage of homeowners who have fallen behind on their mortgage payments. The fraud perpetrator approaches the homeow...
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Can anyone tell me what qualifies as a legal bedroom in WA state?
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Hi Everyone,I'm looking at buying a Single Family House and converting the attic into another bedroom and have a couple questions:1. The attic has two exits, the stair leading to it and window right next to the stair...
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Hello my name is Art. I have a deal that is about to implode and looking for any Hard Money Investor that can close super quickly and meet terms. I am looking for 75% ARV and 3 points capitalized. My deal is the follo...
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Google for SB 2349 Mortgage Rescue Fraud Act
This is a bill that is up for a vote in Illinois. In short, it will cover a broad range of foreclosure consulting/buying and places restrictions on those activities. All...
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BP, How will this new act affect collecting rent from tenants? I saw an article that claimed to exclude payments for rent. Is it only for goods and services? Can someone shed some light on this topic? Thank you!
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@James Wise shared a horror story so I'll share my most recent example. This isn't Cleveland but we still have our problems.I pick up a lot of business from private Landlords that manage their own rentals. This is a r...