I bought a property six months ago for $250.00 subject to mortgages totaling $275K (2 liens, one lender. I was able to negotiate with the lender and paid off the liens in full for $85K. This wasn't a short sale as I...
I am totally new to a DST and appreciate any advices you can give me.Planning to invest $600K in a single tenant NNN leased DST. Once I received the purchase agreement/settlement statement, I noted the following:Pro-...
TLDR: Creditor made zero true effort to contact me to settle a debt I couldn't have reasonably known about. I want the information off my credit report. Need advice on fighting it.
Hey BP, I need advice on how to re...
Finished a year long divorce and was sent out of town by my ex before he served me. He closed my accounts and in couldn't get home. As I began to get back on my feet and get my credit back up in the 750's I was ready ...
TL;DR - The first application I accepted for my new rental is from my second choice of potential tenants. Am I risking a discrimination lawsuit if I don't provide this tenant the first opportunity to rent? - I accepte...
My home is currently going through a short sale with two mortgages. It seems they will both be forgiven. I don't have the money for a lawyer, but want to make sure that the bank or a collection company can't come afte...
Would like some insight from those who have worked with buying real estate as income property. I am currently looking at buying a rental home for less than $50,000 in the Forth Worth area. I would be able to pay cash ...
I found this home on Craigslist for 535k turns out it’s a pre- foreclosure there selling as a fixer upper well they owe $807,369 back pay now my question is doesn’t that debt fall onto who ever buys this place or do t...
I've been working really hard to get my first wholesale deal done. I got to use spare time, because of a 65+ hour work week at a job and family. But hey! A guy can only do what he can do right!?
My phone rang yesterd...
Hi All-
Generally, I stay away from purchasing condos at trustee auctions. I purchased one recently and it appears to have 25K worth of past due condo fee. There was a junior condo lien recorded against the property ...