So the project is 100% bust.  Sponsor is offering 2 options.  One is to get a K1 for the full amount of the investment loss.  Option 2 is to get a promissory note for the full investment amount, payable over five year...

I am attempting to refinance two rental properties.  My loan officer has indicated that my debt to income ratio is really close, and it is going to come down to being able to verify each and every rental payment.  I h...

Hello,Any advice will help. I am a homeowner in Michigan who currently resides in my single family dwelling. This is the only property that I currently own. I have terrible credit. Also, I am currently self-employed w...

HiWe need some advice on this strange situation. A friend owns a good cash flowing low income Multi family property in TX. This MFH property is 50+ years old and the City wants to enforce recent building codes on thi...

This house has been empty for four years.  Well upside down on the mortages.  It took me a long time to find the owner - and actually I am still one step away:  presently talking with the previous owner - the aunt of ...

Total shot in the dark but is anyone aware of any buyers interested in nonperforming unsecured notes?  I had my former tenant execute a promissory note for missed rent upon move out in exchange for withdrawing an evic...

I was just researching WA for debt collector license requirements and found the article linked below, summary sez:" Who Is a Debt Collector Under Washington Law?The definition of a debt collector under the Washington ...

Guys, If i have the cash to invest in flipping homes, will I ever use/need my credit? If so, when or how in example?
Do I have to make an effort to keep it in good standing since I have cash, or I can be without?

Th...

How to I approach legally and formal to raise capital from friends and family?.
Should I have a deal on the hook first?. Always what other things I should consider when dealing with friends and family or anyone in te...

I frequently see discussions on here surrounding single tenant retail tenants such as Walgreens, Dollar General, Family Dollar etc. As a CMBS lender, I often see single tenant retail projects come across my desk as th...