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Hi BP,I am currently going through a mortgage refinance with a national bank on an owner occupied property which has a HELOC in the 2nd lien position with an expected closing date of Feb 25. At the time of applicatio...
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I've read that the worst case scenario in a "subject to" deal gone awry is the seller & tenant sue you. But I'm not sure what they'd be suing for and what the potential liability is.
Has anyone seen or experience...
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Hi all,
I just purchased a property via trustee sale at the county courthouse steps in texas, and then learned that the previous owner agreed to rent the property to a couple before the sale. Do I have to honor that l...
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Hi-
I'm a newbie in note investing...but have a situation that I'm trying to resolve with 3 of my real estate properties.
Here it is: I bought 3 residential properties in NY 5 years ago and the seller carried the n...
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You’re probably grieving for the children and families in Newton, Conn. just like me. Tragic events like this throw us off balance and make us more willing to change.
A determined spokesperson from this community co...
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I am in the early stages of learning about notes and tax liens. Is it possible to purchase a note or lien on a specific property? There were 2 scenarios that brought this question up in my mind.If I drive for dollars ...
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I have a problem tenant (I have talked about in a previous post). Can I knock on her door every day to ask for the rent payment? I have already given her a 60 day notice to vacate because her lease has ended. She got ...
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Hi,I have a SFH rental (no septic tank) professionally PM'd and the tenant is complaining that the GD keeps breaking and actually wants it removed or else they will move out (seriously ?). The first time repaired las...
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Have you ever tried to add a $ penalty per day for delaying a closing date in a sales contract?
I know many of the delays are due to lender issues, but why should I bear the brunt of that cost? I'd like to give the b...
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Hello,
I just bought my first house because of Bigger Pockets! Our plan is to rehab it while we live here then move out after a year and keep it as a rental. Our insurance company is now threatening to drop us if we...