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My fund recently purchased a house from Dekalb foreclosure auction. After we purchased the property, we received a fax from Dekalb county regarding on a $30k+ unpaid water bill that we are responsible for. We ran the ...
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I’m considering lending money to a house flipper. Because I’d like to avoid any issues surrounding loan origination regulations (usury, disclosures, licensing, etc.), I’m considering having him personally create a no...
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Hi guys. I do fix and flips in DC. I have never heard of Curbio or Metropolitan Funding Group. Has anyone used them? I got a flyer sent to me by email stating that they will fund up to 110% of purchase price and credi...
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I need help ASAP I’m trying to do too much! 1st) I own a house that was deeded to me in 2014 (in New York) but a forclosure process started in 2016 that I had vacated back in 2008 btw the forclosure is NOT in my name ...
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Hello CTC,
I have a concern. I recently had a short sale approved in California through B of A and the buyer wants to close asap. I got a letter from B of A stating "BAC Home Loans Servicing, LP...
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I've been reading about transferring a personal mortgage to an LLC and thought it would be a good idea for my personal investing journey - though I don't have any properties yet. One thing that I've seen come up is th...
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Hey everybody,I've done research, I've read books, and I've dabbled in the forums quite a bit here on biggerpockets.com and one niche that always stands out to me is well you can take a wild guess, Wholesaling! The re...
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I have 3 scenarios here. I know none are -exceptional- but in my area in Tampa, so much hedge fund big $$ has been spent on 3/2s that the prices have made it tough to get the deals. But when I run numbers on some of...
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Inspection day! Exciting! Of course there finding a few things. One item is a window air conditioner mounted over the electrical service. The moisture coming off the air conditioner is dripping onto the electrical ser...
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On FCI's Diamond notes (the one's that they service), does one assume that a workout was unsuccessful and that FC is the only exit strategy?Also, is minimum offer really the minimum? Some notes seem overpriced.