Ian Tudor
Would You Listen to This?
My business partner and I have spoken to several newbies who are interested in mobile home parks. One thing we have noticed is the lack of transparency on the industry. A few educators have done a fine job getting in...
Jochy Perez
Unable to obtain lien release
Hi everyone, Under contract to purchase an REO property and it was discovered there's an old mortgage from 1997 which was assigned in 2000 to IMC Company Co, Tampa FL.IMC Company Co is no longer in business and from t...
Jazmine S.
Hello Rehabbers... Lien Waiver during, or solely after flip?
I saw that my state provides a template for a lien waiver that can be presented to the GC at the time of progress payments/invoices. I assume industry standard is to have the GC only sign the one lien waiver form at t...
Mike Jones
Child Support Lien after foreclosure - California
Recently my title officer told me to look out for child support liens as they no longer get cleared after foreclosure. Apparently it doesn't matter if the lien is filed after the recording to the 1st TD (like propert...
Brie Schmidt
Fair Housing Violation?
Friends of mine need to get out of their lease in Chicago. This is a 1900 sq foot duplex down. It has 2 bedrooms on the main floor with closets and 2 bedrooms in the basement with no closets.The lease states this ab...
Stewart Hoy
Georgia Landlord Lease Question
In the "MOVE OUT AND CLEANING INSTRUCTIONS" when it says "If Tenant intends to move out, Tenant must give Landlord ___ days advance..." Does that mean the Tenant can move out whenever they want to as long as they give...
Josh D.
Short Sale with IRS Tax Lien
Does anyone know what the IRS's standards are for releasing tax liens on properties that are underwater?
I've got an approval on a property at $605K that appraises at $830K. The outstanding first mortgage is over $1...
Nigel Witherspoon
Law in South Carolina for Assigning Contract for Fee (Wholesale)
The following form or purport of a release shall, to all intents and purposes, be valid and effectual to carry from one person to another or others the fee simple of any land or real estate if it shall be executed in ...
Tom C
Need advice on financing
I am currently trying to pull some cash in order to make another acquisition and I have a dilemma on which way I should go. Keep in mind when reviewing the numbers, that the next acquisition will be another rehab and ...
Elizabeth O.
Being told this summer cash out refi allowed on properties 7-10
I was talking to my lender today and he told me that in June 2016 the guidelines are changing to allow cash out refi's on conventional loans #7-10. I've used the brrr method successfully on 2 homes so far allowing ...