Jeremy Henry
In a pickle... Default on 5 properties, or hold out?
Let's say you have 5 properties that - due to economic and job market conditions in the area - only command enough rent to barely cover mortgages, insurance, and taxes. Nothing left over at all for maintenance, repa...
Brandon G.
Subject To Property & Lease Option
Just out of curiosity, is it legal to lease option a house that has been acquired subject to?Also, I've heard that lease options are still legal in Texas if and only if the lease option period is 6 months or less. Is ...
Ty Schuman
Earnest Deposit Help
Hey Guys,I have ran into a bit of a situation, I am under contract for purchasing to REO Foreclosures from Fannie Mae. One home I purchased for $230,400 + Closing cost and redfin values the home at $400k and the other...
Jennifer Rysdam
What to do?? They won't get me copies of renter's insurance
It's in my lease that they have to have renter's insurance. I have asked for copies and they just aren't getting them to me. Do I send a final notice that they need to get it to me or get evicted for lease violation o...
Mario Calabretta
Firtst Deal - Using Private Money
We are looking to avoid the conventional mortgage route and use private money to buy our first house. It's a large 2 story in a multi-family zoning district so we plan to place 2, or maybe 3 units here but the house ...
Mike Hartzog
Doing Owner Financing Correctly
I am a mortgage note investor and end up with a fair number of non-performing notes. A percentage of these will turn in to REOs. I typically sell my REOs off-market for cash to investors or on-market in the conventi...
Weis Sherdel
Norfolk, VA Section 8 Rental Property
Dear BP community - Does anyone have a Section 8 rental property in Norfolk, VA or know of the general Section 8 rental market there? I am looking into acquiring a property which promise (at least on paper) positive ...
Charlie MacPherson
THIS is why you should sell through a good real estate agent!
I just sold a SFR rental property for another BP'er who lives out of state - we just went on record at the Registry of Deeds a few minutes ago.I knew that the market was very hot in Quincy, MA where the house was loca...
Andri Artayudianto
Who hires a title company? The buyer or the seller?
Hi again BP. Another newbee post here about a typical home buying process.Who hires a title company for closing? The buyer or the seller? is it safe to use the seller's title company to close if I'm buying a houseHow ...
Mark Updegraff
foreclosure acquisition questions - please help :D
I'm getting ready to jump into the foreclosure market. I've got a couple questions before taking the plunge. I've gone to a few to see how they work, so I'm comfortable there, and I've spoken with my attorney regard...