Kristine Eickman
If you deny borrower...
This question is for private lenders/HML. If a buyer uses your POF to enter a contract and you then decide you are not going through with the deal...how does the borrower know that. With a typical bank you would get a...
Steve K.
Are subject-to's considered assets?
Hello BP,I am currently submitting documentation for a cash-out refi on one of my properties per the "BRRRR" method and had a question:Should I put down a property I acquired subject-to as an asset? The title is in m...
George Post
Rental SFR Currently in Irrevocable Trust - Now What?!
Good Day!We have a rental SFR that is currently in an Irrevocable Trust. Sadly, the Grantor has passed away (Grandmother in-law) and the trust has served its purpose and the asset is now ready to removed from the irre...
Account Closed
What is the difference between FHA and Fannie Mae? Other loan types?
I am intrested in knowing more about the differences, pros and cons, etc about FHA and Fannie Mae.I am also wondering if there any other loans, pardon me if I am calling it by the wrong name, that are similar but diff...
Jaziel MaldonadoRoman
How do I properly lease a room for a househack
Currently in the military and I'm do to close my first single family in the next couple days. I have a fellow member that's I'm going to be renting a room in the house for and would like to set up a proper lease agre...
Kervin P.
Massachusetts Eviction Issue
How are property owners in Mass dealing with nonpaying tenants?I have a “tenant” who is in my unit even though the lease expired last month. I gave close to a 60 day notice of non-renewal for the lease. They claim the...
Don Konipol
Wealth Building vs Cash Flow
Wealth Building vs Cash Flow
My proposition is that too many real estate investors, much too often, emphasize cash flow over increasing net worth. While cash flow is important, it should NOT be the ultimate financial...
Rob Henzler
Renter moved out during close process
Hi everyone, long time reader first time poster. I have a question about a situation where a renter has moved out during the close process. One of the really appealing aspects of this deal was that it is a duplex with...
Darius Johnson
Refinance First Mortgage to get Second Mortgage
Hello Everybody,Looking to refi 1st mortgage on a SFH out of town, to get money for a down payment get a 2nd mortgage on another SFH in a different town in Ga.Anyone have experience doing this or any suggestions?1. I ...
Ben Cochran
Old mortgage
So I have been divorced since 2007.
I agreed to let my ex-wife stay in the property until she could refinance it in her name only.
It is now 2013 and my name is still on the title and she is unable to r...