Jimmy NA
Unregistered Cars
Sorry to post this again....but I still haven't found a resolution. I bought a 3 family and there was an unregistered junker car in the yard. I met with the tenants that owned it and had them sign a new month-to-mont...
Daniel Mina
Prepayment penalty and interest arrears
Hey All,I have a question about prepayment on conventional loans. The mortgage loans I'm currently after all state "no prepayment penalty." Say I am a few years into my mortgage and I believe I can pay a little extra ...
Andrea M.
Emotional Support Animal?
Although this may vary from state to state, I saw this on twitter and was wondering if there is any truth to this. I hope I attached the screenshot/ picture properly, if not here is the quote:
" You can r...
Jack N.
New Investor in Northern Virginia
I have a few strategies I've been thinking about but want to know what other people have done in Northern Virginia and what else is possible. Here are a few options below that I've been thinking about:1. House hacking...
Justin Sadauskas
Multi-family Deal in Michigan
Hey guys - can you help me analyze this deal through? I am considering purchasing a 4-unit multi-family for $230,000. I would put $100,000 into the property. This would include completely remodeling all four units,...
Brian Zitzow
Realtor shocked I want to offer 100k less than asking price.
So I just got off the phone with my realtor. I want to write an offer for 245k on a duplex that is in probate and asking 350k. He was shocked. He said he "knows it is worth at least 320k". It's tax assessed at 315k in...
Katrina P.
Question about POF letter with REO properties (Transactional funding)
I just got off the phone with a Realtor whom I told I have Proof of Funds for a REO property. He asked me was it an FHA loan, and I said "no, it's transactional funding". He didn't know what I was talking about, and...
Jeffrey Coffey
Lien caused by renter's non-payment
My renter hit hard times and decided the thing to do was to disappear, leaving behind several months of unpaid rent and a trashed house. That's the backstory, and here's the new twist...I just got a letter from a lawn...
Haylee Limbean
Not properly notified of late rent 4 months in a row...now fees!
I live in Oregon. I received a letter from my apartment manager with a bill for 4 consecutive month's worth of late rent fees, totaling over $300. I had no idea my checks were being received late, and have chalked it ...
Steven Aponte
Taking Down First Short Sale - What Am I Missing?
Hello BP'ers!Today I sell my depreciating asset (my car) to free up some funds and hopefully acquire a new income producing asset. So naturally, last night I was searching for homes to BRRRR. I stumbled onto one in an...