Kristi Gray
Can someone please translate Delaware "assurance prohibited" law?
So we have a unit available June 1st, it is very tough getting good tenants with the credit/background check and minimum screening requirements we have in place. So we did an open house and found a couple which pass a...
Brian Degener
Renting homes in Bankruptcy or preforeclosure until bank takes it
Has anyone heard of this strategy where you find a owner in bankruptcy or pre foreclosure and you get a quit claim deed and rent out the property until the bank forecloses? What are your thoughts?Brian
Anja Brey
For a conventional loan, rather work with one lender or multiple lenders at the same time?
Hello BP, I am looking for my first mortgage and I am wondering if it is better to work with one lender, or with different ones at the same time and use the one who gives me the best deal? What are the advantages and ...
Linda L.
What you should be concerned as 1st lien holder if there's 2nd loan?
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
Thomas Sevigny
Real estate license
I am concerned that is my state, having a real estate license might be a disadvantage when investing. I have observed that, even those who disclose, can find themselves in trouble. Consumer protection is paramount...
Raul R.
LLC Covid Scams to watch out for
Be on the lookout if you receive any letters from your State asking to renew your LLC or asking for a fee to receive an OSHA COVID certificate.. I give them credit letters looks very legit.. Unfortunately its public i...
Kelly G.
WI/Milw; How to modify the terms of a M-M agreement?
Greetings;I cannot find any legal language or guidance on changing the rental terms for a M-M rental agreement in WI (milw). My Nolo Landlord's law book says there is no state statute , but some doc I downloaded from...
Tommy R
Is a "non-refundable consideration for an agreement" required in California (if I don't have a real estate license)?
I don't have a RE license, so do I have to put a certain amount into the contract in order to wholesale (without a real estate license?)
-if so, is there a certain amount required? Or can I just do $10?
-I saw on s...
Mathios Yonan
Foreclosures In America
Hi, whoever might see this. I'm a freshman in college and starting off as a realtor (so any money I could possibly get helps). Foreclosure.com does an annual scholarship giveaway based on the topics they want to be an...
Micah A.
Senior loan not escrowed at origination for taxes and insurance
I recently purchased a performing senior lien. While the audit was being performed by my servicing company they found that the loan was not escrowed for taxes and insurance at origination. They went on to inform me th...