Lisa Rains
Can an HOA forclose a property after creditors claim was denied
I live in my mom's house. My moms HOA filed a creditors claim against my moms estate and it was denied. The HOA is trying to foreclose on the amount that was denied by the courts. Are they allowed to do this? It seem...
Leslie Johnston
Divorce settlement 10 years ago unclear about ownership of house
My husband and I were divorced in 2012. We filed the paperwork ourselves without an attorney. On the property / assets / debts portion it states under his name "debts" (mostly credit card debt) and "asset: House Prope...
Paresh Patel
Is there a tax deduction for loan default interest not-paid?
Hello. I would like to pose a question relating to the tax treatment of Loans made though any of the leading Real Estate Crowdfunding Portals that go into Default.Many of the CF sites may reasonably be expected to ev...
Brad Warshaw
Can I Quit Claim to LLC
If I own a condo and am behind on HOA dues can I quit claim my property to a LLC to protect me from liability?
James Letchford
LLC Structure for Private Money
BP: Does anyone have any advice on how to structure an LLC with someone providing private money that would only like return on their money? I.e., I'm doing BRRRRs and would like to pick up another property utilizing ...
Joe Brummitt
Seeking advice on LLC setup with investors
Hi All! I am partnering with a friend to start an LLC to purchase multi-units. We will be raising money from friends and are looking at the best way to structure. I have read an LLC. I have read an LLC with two separa...
Jim Rivell
Private Loan Payoff Documents
Hey everyone - I am going to be paying back a family member who lent private money on a deal recently. We did sign a loan agreement at the beginning of the loan and there is no early pre-payment in the contract. Do yo...
Steve Preston
Buying at a County Public Auction - Questions
Ok. This is my first ever post after the initial Hello, so please bear with me :)1) Is there ever likely to be a case where a house is purchased through the Public County Auction system where people - the original own...
John Thedford
Conventus Lending in SF And Shellpoint Servicing? ONGOING TROUBLE
I posted in another forum about these people. Long story short: conventus has turned over servicing to shellpoint. Shellpoint has repeatedly cashed my checks (which were on time EVERY MONTH) and continues to fail to p...
Amber Seel
How to pull equity out of a paid off property
We have a SFH that we are currently renting as two one-bedroom units. The property has zero debt on it and most recent appraisal was for $187,000. We attempted to DSCR this property to pull out equity but were told by...