My friend is getting a divorce and is underwater with her mortgage. Refi'd last year for 100,000., the house appraised for 110,000. Said house would possible sell now for about 85,000. Neither party can afford the ...

This is a rhetorical question, because I know we don't really know, but... I am concerned mainly because the relief being offered to landlords (mortgage forbearance) is not beneficial enough when compared to what ten...

[Insert Sign of Relief Here] I've been actively searching for my first real estate investment for well over a year now. I've been looking for a 4-unit apartment building to "Househack", occupying one unit while rentin...

I'm sure we've all had experience with really bad tenants- ones that deliberately caused damage, non-payments, serious problems or even worse.  Some say good-riddance when they are gone, others (Including me) think th...

I own a condo that I rent out and have been helping to facilitate a HOA forclosure on a couple of seriously delinquent units.
One of them has the bank ready to payoff 7 months worth of fees and asked for the EIN# for ...

The mortgage rates went from ALL times low’s when the pandemic started to 20 year ALL time high’s. If you look at the chart below you can see how high interest rates were from the 70’s to 2000’s. The government help...

Today I had a sewer inspection for a duplex I’m under contract to buy. The sewer inspector called to inform me that the house was actually on septic. (Not a good sign if the owner doesn’t even know this piece of infor...

BP I need your help!I have a property in Orange, CA that used to be primary residence from 2005 to 2009.   I bought it near the peak of the market and was under water in 2009 when we needed to move for a new job.  The...

Hello All,

Thanks in advance for analyzing this deal.

Main two questions would be: How does the Dott Frank Law effect my deal, and how can I work around it or be exempt from it.

Heres the deal:

...

Just got off the phone with what seems to be a motivated seller. I made that assumption due to the fact that when I asked him how soon is he trying to have his home sold? His response was "I'll sell this thing tomorro...