Cody L.
Odd accounting question - How to classify security deposit bonds
We work with a company that'll allow a tenant to buy a bond in place of paying for a deposit. Say you want to move in for as little as possible. Rent is $700/month. Since your credit sucks and you were evicted 16 m...
Xiaoyu Liang
Junior Lien Holder Disaster Turn In to Foreclosure Opportunity?
Everything started with me funding a fix and flip project in Washington state as a junior lien holder. The property was sold during pre-foreclosure undervalue. I agreed to remove the lien with the rest of the debt sec...
Lyn Green
Does my Rider delete my "due on sale" clause"?
In reading my 1993 fixed/adjustable mortgage note (5/1) I have the standard paragraph 11 "Uniform Secured Note" statement that can trigger a "due on sale" clause. It reads "If all or any part of the property or any in...
Patrick Hancock
Private Money Partner Question
Hello,
Partnering with a private money lender to assist with down payment on a duplex. He will receive a return on his money for seven years but no equity in the property. His question was how secure was his loan. ...
Lawrence Holloway
Any lenders roll the down payment into the loan?? Help please
I have a great opportunity to acquire 12 SFR! The only problem is the down payment! I will partner if needed, but only if needed. I would like to know if ANYONE knows or has heard of any lenders that will roll the dow...
Cheyenne Davis
Buying "Subject to" and Seller Wants a Written Guarantee...
Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
Mak K.
Section 8- Eviction- Houston Laws
Hi,I have a bad tenant who was behind the rental payment for paying her share of rent while on being on section 8 with Houston Housing Authority. Also the tenant is in violation of not paying full security deposit and...
Edith Yuh
security deposit in installments
I am moving and renting out my condo ($2700/month) in the San Francisco Bay Area. A prospective applicant asked me prior to viewing the property whether they can pay their security deposit (1.5 rent) in 4 installments...
Latroy Boseman
Loans Types For Beginners
hello, I need to know what is a bridge loan? also what type of loan will I need to do if I find a property that doesn't need any repairs done and is being sold for great price?
Samuel Mitchell
primary residence duplex financing
Location: Roanoke, VA
I am needing a contact/advice on lending options for duplex investment property (only 2 doors). I was working with a local bank, whom was offering a conventional loan but required %25 down paym...