Why are occupancy requirements for owner occupancy set at one year. Is this federally mandated, legal precedence or other reason? Please no guesses.
So, I'm working a short sale and just received counter offers from both the banks (1st and 2nd) so I have a max amount I will be paying for the property and now the owner tells me his dad wants to buy it from me all c...
I'm looking at a few lots in a county repository. Once they go into this repository, they are supposed to be free and clear of all liens, but in researching them, the HOA has told me there are 3 years of dues owed on ...
Hey everyone,
I recently ran into a scenario that I believe to be mortgage fraud (i.e. you go to federal prison for this one) and I wanted to warn others of lenders that offer this scenario...
A borrower came to me...
How relevant is having a certificate of occupancy when buying a property (multifamily or single home). My wife, agent and i are all in the same page when we come across properties which produce good numbers and other ...
I recently had a seller come to me and say that during the process of deciding whether or not to put their house on the market, they entertained one of those Bandit signs. A wholeseller came over and told them their h...
There are a lot of investors who do seller financing and I would like to sell some of the properties I acquire under my own financing terms as well. My question is: how do you do that and comply with Dodd Frank, which...
Okay bought a building.Some tenants are paying and some are trying a ploy.
They are saying the building needs repairs so they won't pay rent.
Questions:
1.Do I have to be at the eviction hearing or can my PM be??
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I have been living in my current house for 9 years, about 5 months ago, I refinanced the loan for a better interest rate. My company recently moved to a different location and I would like to rent out my current hom...
A tenant in one of my duplexes moved out under the cover of darkness late June. She was an inherited tenant when I bought the place in 2015. Always paid rent but had a dark side. Son with serious anger issues who had ...