Kate Stoltzfus
Tenant wants to buy rental ... what's next?
We have a rental house in Pittsburgh that we've been thinking about selling, and we just got an email from our tenants that they would like to open the discussion about buying the place. If we did come to some sort of...
Laurence K.
BPO not even close to true value
I'm an international investor from Australia, I purchased my first ever note in November 2015. It was a non performing first mortgage with an UPB of 116k, secured by a triplex in Luzerne County, PA. It was in the fina...
Rick Howell
How to Close the Deal
No investor would be successful without an ability to close the deal. When working with sellers, investors must be able to see their perspective. Sellers can be facing any number of situations, from divorce to probate...
Account Closed
Why would a seller agree to an AITD?
I'm about to start shopping for a multi-family property in Los Angeles (most likely 5+ units). Someone suggested looking into an AITD purchase. Did some reading and can see how it benefits the buyer, but can't unde...
Tracey Solomon
Do I have to put up a month-to-month tenant while I do repairs?
Hi - i have a rental in Philly and the ceiling in the bathroom caved in after a particularly bad flood. The bathroom needs to be redone, which will take some time. In the meantime, I've asked my month-to-month lease t...
Daren H.
Transaction Coordinators, Problem Solvers????
I was listening to Podcast 75 earlier today and the very first part of the interview got me to thinking. I often hear wholesalers and other REIs refer to themselves as transaction coordinators or problem solvers. The ...
Bryan Hancock
New Taxes for 2011 – How Much is Accurate?
Someone sent me this email so I wanted to post it less as much of the political spin as I could subtract as possible to get a sense for how much of it is accurate. Here are taxes that will be coming for 2011 accordin...
Chesil Thye
Changing LLC TO S Corp for filing taxes after a flip.
We just finished a rehab and put the house on market. We are at mutual right now and my partners would like to change our Llc to a S Corp. They say it is better for tax purposes. We will also dissolve the S Corp after...
Nick Folwell
FHA assistance programs
Are there any disadvantages on using assistance programs on an FHA loan?
Chris Mason
Coronavirus Mortgage Meltdown Articles
This is probably the best article I've seen so far on what is going on in the mortgage marketplace.
The Coronavirus Meltdown
The current Coronavirus crisis is having a critical impact on the Mortgage Industry, whic...