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Is “ No Debt” or paid off debt something private investors usually factor in as a criteria to meet in order to do business with ? What about FICO score ?
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When creating seller financed notes ,are you guys using the closing attorney to draft the note...or an outside attorney? Curious to hear how folks are going about this. Thanks.
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I am in negotiations to get a property under contract in DFW. House has an almost $60k tax lien on it. Seller is the daughter of deceased owner and doesn't seem too open to speaking on details of other possible encumb...
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My father, despite never missing a payment in his life, has fairly mediocre credit due to, we think revolving debt. 2 Questions:
1) We think some of it may be because the credit bureaus view 2nd loans from ba...
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Since it's so hard to collect from tenants who owe, or in some cases not really worth trying to collect, I would like to know more on being able to use the 1099-C "cancellation of debt" form. All responses appreciated
Question: I am sure many of you have run into this in the past, where a credit check will show nothing regarding public records (judgements, evictions) but I find them on the public record. Sometimes it is that the a...
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Hi all! I own a home in CO which was my primary residence and now it’s a rental. I’m on the deed, not the loan for the current house I live in here in GA. What would be the best loan option for purchasing another prop...
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I purchased a tax certificate in ALABAMA that qualifies for a tax deed next year (2022) and the owner has been in bankruptcy court since 2020. I [was] listed as a creditor for the tax debt on one of his properties. Th...
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I own 3 properties all 3 being used for medium term rentals. What the best way to set up the properties to protect us from Liability. I see so much out there and it can be quite confusing at times.This is my plan but ...
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Bill Gulley Does anyone know if a private individual who funds mortgages is required to provide a TIL? If so, and they failed to do so, what are the penalties? Thanks.