Michael Vaughn
Restarting a failed foreclosure
HiIn case a borrower is able to get foreclosure rejected, say for missing assignments or any other technical detail for that matter, can the lender file for foreclosure again (assuming the loan is still delinquent) on...
Nevin Wilkie
Refinanced my first BRRRR but bank will not let me put it into an LLC
I just completed my first rehab on a distressed property I have bought. I just completed a cash out refinance on the property but now the bank tells me that I am not able to put the property into an LLC. Are there any...
Bob Malecki
Using a VA for loss mitigation
Just posting this to see if others who buy NPLs and do loss mit have had any success using a virtual assistant to handle borrower outreach. Any input on this?
Monte Rice
Financing options for newbies
I am a noob with real estate, I was looking to invest in fix and flips and I wanted to see if there were lenders who will finance these deals for me. Is this possible? Are there any hard money lenders that can help me...
Bryce Platz
Moving up the closing date when sellers are occupying
Hey again BP! I'm currently in escrow on a property with all contingencies removed. My wife and I will be using it as our primary residence and we are stoked to move in and make it our own.My lender just contacted me ...
Semilore Lawal
Best and cost-effective ways to rent-by-the-room or rent basement legally in Canada
Hi
All,
I
found that single family in Canada is only profitable if I rent by the room or rent the
house as two dwelling units (basement and upper floor).
The
problem is a lot of cities in Canada have strict...
Justin Golden
Airbnb Arbitrage Insurance
Hi BP. I am under contract on a duplex with my fiancé in the greater Philadelphia area. We are moving into one unit and inheriting a tenant in the second unit. The tenant has a sublet agreement with the current owner ...
Nancy Todice
Who gets sued in small claims
Although I have been a landlord for many years, I do have a question, A tenant is suing for a security deposit. The property is deeded to an LLC but the tenant made all checks from 2016-2022 including 1st, including t...
Kent Baltare
Short term rental - tax, legal strategy.
Hey accountants or legal experts. I am trying to figure out something that is causing a barrier for growing my RE portfolio. Because of the fact that the income from my short term rentals require 2 years of returns b...
Jessica Yau
Oakland eviction - non payment technicality
A tenant paid late last month and I applied a late fee according to our lease ($75). In their Nov invoice I clearly stated that the amount paid in October went first to cover the late fee and then rent, leaving an ...