Martin Tirmenstein
Deal is falling apart, advice on Affidavit of Memorandum
Hello all, just made my account here on the site to get some advice. This is the messiest deal and worst real estate agent I've ever had the displeasure of doing business with. Please feel free to skip the details and...
Andrew Smith
Seasonal Vacation Rental in West Palm / Ft Laud. area
Hi Everyone,My wife and I are from NJ, but we are looking to purchase a Single Family or Condo within 30 minutes of Palm Beach or Ft Lauderdale airport. Ideally looking to be oceanfront or close to it with purchase p...
Mindy Jensen
What Happens If My Private Borrower Doesn't Pay Off The Loan?
I made a loan to someone last year. They have always paid on time, but asked for an extension. I extended 3 months, but am not comfortable extending further.What are my options if they simply cannot pay the loan back ...
Jacob Gildea
seller's obligation
I have an REO property under contract. We were scheduled to close tomorrow, but the bank said that the sherrif's sale deed was not filed yet, so I need to wait until it is. In the mean time my broker tells me that i...
Account Closed
Rate Lock Extension Question
Hey BP, long time lurker and first time poster. I've always been able to find the answer I need without reaching out, until now!I'm under contract on a triplex "house hack" using the VA Rehab Loan . I am not going to ...
Victor O.
Buyer Recourse for Ernest Money
Hey BP!My very first post here! Anyways, here goes. I think I already know the answer, but figured I'd double check anyways.My question is with regards to how Ernest Money is to be handled in a specific situation: An ...
Jerid Meagan
Has COVID-19 impacted your 1031 Exchange?
I'm curious to know if anyone out there was actively working on a 1031 Exchange when COVID-19 hit. Given that timing is so critical in this situation, were you able to find a property or are you going to change your s...
Christopher Freeman
Tenant Complaining About Strength of Wi-Fi Network
Hi all,We have some college student tenants whom we inherited from the previous owner. Most of them are fine, but one of them is very needy. The legacy lease provides internet, which we have provided and which works i...
Katie Lyon
Would you deny this tenant?
We have 2 tenants that would like to stay at our MTR. Both workers on the pipeline. Nice, older gentlemen. Blue-collar workers. They are in an extended stay now, and looking to be roommates so they can not spend month...
Ryder Lee
Sheriff's sale is not recorded
Hello, I won an online auction on a REO property in Philadelphia last year. I signed a contract with the seller last October (2015) and was told the property will be closed on 11/2015. Then I was told t that the prope...