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Hi everyone~ 4 months ago the neighborhood my apartment building is in got hit by a tornado. My building came through with only light damage that has been repaired, however there are many surrounding buildings that we...
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Hi Bigger Pockets,I super appreciate your time and help here.I have a really difficult tenant in my house. On Friday I posted a 3-day comply and pay or vacate notice. He had not paid rent and had modified the proper...
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Hi everyone. I own rental properties in Philadelphia, PA. I've already had tenants contact me telling me that they've lost their jobs and can't pay. I advised them to file for unemployment and resume payments ASAP. H...
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My question is when someone goes into a loan forbearance, why does the loan company put a suspension on payments?
My neighbor at one of my properties in PA missed 3 mortgage payments. Her mortgage company gave her a...
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I read in a book that it can be a good idea to tell the seller all of their solutions one of which is a loan modification. It said to call their bank right on the spot and talk to them for the seller.
What experie...
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Greetings BP family,
Weeks ago I posted a topic about screening tenants for rental property, and thanks to the immense knowledge from all who responded, I found the tenants and signed the agreements effective August ...
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First time trying to rent my primary residence and was wondering if the lender will find out when I change the insurance type from home owner's to Rental type.
If they do find out, will that create any realis...
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Question about re-affirming obligations under a Chapter 7. If a borrower has a mortgage and has cleared a Ch 7 bankruptcy, then makes a payment on the loan, have they re-affirmed the obligation, such that it now effe...
Hi everyone! I purchased a home with a hard money loan. I’m trying to refinance to conventional loan. The property is a single family residence 5 bedroom, 3 bath. The previous owner split the 2 story home into two uni...
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First things first... Happy New Year everyone! I hope your 2015 is off to a good start. I have a hypothetical scenario for you to ponder. Let's say you are looking at purchasing a performing note, but after doing t...