Jean Norton
Tax deed in Florida
I was the high bid on a tax deed in a condo-hotel in Florida. I'm not really sure how that happened since there is a significant lien both from the condo association and the mortgage company. Both liens disappear si...
Duriel Taylor
Note Investing Advise
Good evening all, I hope all is well. I wanted to reach out to the note investors out there. I am not interested in buying this note right now, but I am trying to understand how to underwrite notes in a whole. I want...
Josiah Pisel
Short Term Rental Management Accounting
Hello BP! I am looking for advice and recommendations. I own a vacation rental management company and have properties on both VRBO and Airbnb. I am using Guesty for Host as a property management platform and am mostly...
Layla Sewell
New construction homes - est taxes
Anyone know how to estimate taxes on new construction homes? I’m going to purchase a new construction home and I want to estimate the taxes. Anyone know how I can estimate what e tax bill will be? This will be in Sout...
Robert Carpenter
Hypothetical Subject To Deal
My seller has an FSBO house with an ARV of $530,000.He wants $520,000. He owes $290,000 with a payment of $2,400 PITI.He wants a Down Payment of $75,000 and a two year balloon.--------------------------------------...
Bob Malecki
Suggestions needed to get performing borrower to pay late fees?
We purchased a first position NPL on a single family home in Charlotte NC a few years ago and did a loan mod with the borrower. He was paying consistently until last Spring where he missed 2 months of payments then st...
Arthur Wong
Cleveland Heights properties
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $41,400
Cash invested: $41,400
Single family home in Cleveland Heights. The tenant is being finalized through sect...
David Jesse
Moving into a home after jan 1
I purchased a home in Florida which would be my primary house. My closing is a few days after Jan first. The home is already homesteaded by the last owners. From what I understand I can't homestead the property until ...
Michael Merrill
Client Can be the only one to payoff bank How Can I structure it
I Have a Client in Arizona that has a house that she received when her god father past away. it is in foreclose and has an auction date of 4/18/17. the bank has given her the option to buy the home if she pays the rea...
Luis Cruz
Negotiating a Non Performing Loan
Hi guys,
I am negotiating with a motivated seller that was denied a mortgage modification. How do I go about negotiating the non performing loan with the bank? Any insight would be greatly appreciated. Thanks!