Hello, I put an offer down on a duplex in Cypress Park Los Angeles. It's looking like a pretty good deal except for one huge concern that I have regarding a tenant who is occupying one of the units.  She is an older l...

I am under contract on a short sale with Chase and have a very tight deadline for settlement mandated by the bank. My title insurance company did a search and came up with 6 open liens on the property, all but two I ...

Some questions for people who've done deals subject to existing financing.

1. Is there any paperwork involved in taking over the owner's payments? Do you just send in payments with their account # ?

2. I heard that...

Despite being a part time hard money lender I am afraid I know little about buying and selling existing notes and it is an area I am curious about. I have been reading Lorelei's Legal Lessons which though it is 15 ye...

In continuing with my “HOW TO” series I thought I would post on a topic that has reared its head again lately – the notorious “due on sale” clause (key terrifying music). Every few years this will get talked about an...

I've been reading the forums for a while, but never posted. My in-laws told me about a situation they are going through and this was the first place I thought to post to seek advice. I just heard about this this morni...

To potential partners approached me about joining them and establishing an LLC to Byam whole rental properties. My question about buying and holding properties in LLC is can we get a traditional 30 year mortgage in an...

Hi all, Sorry for the bad news. Just yesterday I thought that evictions filing of non-covered properties by the Cares Act should be resumed when the courts reopen June 1st. I guess I was wrong... See the governor's or...

I am a bit curious if there are any paper investors out there who would buy a note that is secured by a property roughly at 50-60% of the note's value (ex: note for $100k, property value at $50k). The note would ...

Just wanting to warn everyone about possible issues with using the provided title services associated with a Hubzu auction property.This is what happened to me on a recent transaction on a fix and flip property that I...