Ashley Wolfe
When both parties are in default and one threatens legal action..
Ok, the long and short of it is this:My husband and I were under contract for a SFH. During that time we submitted a repair addendum and the seller agreed to it in full.In the meantime, we were getting our loan final...
Ben Halabi
Cleveland Price & Neighborhood Map
Based on the tremendously positive feedback that the Cleveland Price & Neighborhood Map has gotten from clients and users on BiggerPockets, we've decided to put more effort into making it an interactive map that c...
Edward Stephens
Transferring Real Estate into an Entity - Due on Sale?
Dear BP Family, I'll soon be the owner of a piece of real estate, and want to enjoy the asset protection afforded by an LLC. Has anyone on BP been successful in transferring ownership of mortgaged real estate from t...
James Homes
Help - Can't Sell - Am I missing something?
I have a mobile home in a 55+ community in a great location only 8 minutes to the beach.
It is an older mobile but that is only the frame. Being a master carpenter when we purchased the home I completely gutted it to...
Amir B.
CAP Rate or Comps
Hello BP Community,This question is for the savvy REI's out there. When determining what is a great investment, what is the best way to go about it?here is an example of a property for sale in my area:Duplex809 N Hobs...
Larry Burchett
Debt to Income Ratio
Will building a real estate porfolio of positive cash flowing properties lower my debt to income ratio? And thereby limit my ability to purchase a $1,000,000 2nd home?
I own a primary and 3 positive cash flowing ren...
Kyle J.
California extending eviction moratoriums through end of July
For those landlords in California, Governor Newsom signed another executive order authorizing local governments to extend current eviction moratoriums two more months, through July 28th. (His previous executive order...
Jon S.
bought second questions!
I just bought a second at a ts in CA (it was a 2nd mortgage, not a HOA lien) The property has equity.
The first is scheduled to sell in a week. So I need to pay it off asap to keep it from selling.
How do I go ab...
Bob Malecki
Are fractionalized deed of trusts allowed in Washington state?
As I recall WA does not allow fractionalized deed of trusts for real estate, but a friend of mine actually participated in one as a lender on a 4-plex investment in Seattle. The borrowers stopped paying him so he want...
Parul S.
Inspection report - To buy or not to buy
I have agreed to buy my first SFH investment property from a TK (turnkey) and just received the inspection report. The SFH is 60 years old but was represented as being "fully rehabbed". The inspection report is con...