Mindy Jensen
Att: Traditional Lenders - Question About Due On Sale Clause
I always thought that when you transfer title, you trigger the due-in-sale clause in a traditional mortgage.I see questions time and again from investors who want to transfer ownership of their residential property pu...
Jack Jones
Short Sale Question
Just got approval for short sale. I owe $200K on beach property and have an offer for $90K. In the short sale agreement it states that the lender or its investors may pursue a deficiency judgement for the difference...
Mindy Jensen
POLL: What are the most-asked questions in the forums?
Hello and Happy New Year!In an effort to eliminate the repetitive questions in the forums, we're starting a new forum, the FAQ Forum.These questions are valid concerns, such as Should I get my Real Estate License? and...
Lam N.
Is a live-in 2-year flip really a thing?
To understand where I'm coming from, read this other thread I started.https://www.biggerpockets.com/forums/67/topics/445...I did a google search for live-in 2-year flip, and the only things that show up are articles t...
Helene Goodworth
Another potential deal that I am trying to figure out
ok guys and gals. I learned my lesson from the last one. I was missing a lot of data. This time I decided to make my own spreadsheet instead of using someone else's. It is moderately detailed. The grey areas are the a...
John Thedford
SHTF: "We Buy Houses" Guy Sues When Seller Defaults
The title is short but may not reflect the entire transaction.Seller was approached by "buyers". After believing all the "buyers" representations were not true, seller defaulted on a contract which he signed. "Buyer" ...
Mark Forest
LLC or sole prop
Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...
Carol Venolia
How do you cope emotionally with nasty tenants?
I'm one year into being a landlord, and I loved it for about the first six months--in spite of numerous challenges. I could handle it! My motto was "Nothing's gonna stop this cowgirl!" I rode high in that saddle.But t...
Alex Bradley
Marketing for new wholesaler
Hello my name is Alex and I just got my LLC to start wholesaling in San Diego, CA. I am going to start knocking on a few doors today using the lead sheet that I got from my local title company rep. However I am lookin...
Tony Castronovo
Being taken advantage of by my property manager
So I recently ended a very bad relationship with a property manager (large company) on the 11th of last month. I've been waiting for everything to clear on my ledger to get my final distribution. Earlier this week I...