Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
Hi AllMy Central Boiler in my 8 unit building died March 2014I had a central boiler and converted all the units to individual forced air units in each apartment (they now control their own heat and pay their own gas b...
I just had a new tenant move into my 3rd floor and recently got a text from the 1st floor tenant complaing about them constantly being loud and slamming the door into the house (the first floor bedroom is right next t...
Last year I had a tenant apply for a two-year lease on one of my rentals. She had really good income. Single mother with three kids. One year into the lease, she informs me she's been approved for Section 8 with a vou...
Is anyone familiar with using Life insurance to invest in Real estate? I am looking to open a life insurance policy for Infinity banking concept to invest in real estate. I am debating between Whole life or IUL. Which...
I have seen many posts warning not to get involved in monthly option credits in view of Dodd Frank Act. I have downloaded the entire act and would like someone to direct to that section that deals with monthly leas...
RESCUING THE BAIL-OUT (a RE Professional Perspective)
An opposition to the Emergency Economic Stabilization Act
By Fred Ashley
The Emergency Economic Stabilization Act of 2008, or Bailout Plan is a law authorizing th...
Interesting article on non-agency mortgage delinquencies from the 08 crash.Why bubble-era home mortgages are a disaster waiting to happen - https://on.mktw.net/2SpkCRx
Hi!I just recently got an offer accepted for a duplex in Los Angeles using an FHA loan and this would be my first property if I get it! My plan is to renovate, get some tenants in the extra unit and house hack it! I a...
Looking back I see this topic was discussed about 10 years ago.
Recently it has come up in some podcast I have listen to. I'm curious if anyone has truly vetted these policies. The idea of creating a investment arbit...