For the experienced mortgage note buyer....My question has two parts:1.If I am purchasing a non-performing note do I add the arrears as fees to collect from owner when modifying the original note?Just a scenario:last ...

Hi! Long story short, we evicted a tenant for non-payment. We went through the legal process (using an attorney) and she is out of the property. With attorney fees and late fees, she owes about $4k. Do I have any opti...

Has anyone ever offered a tenant who is behind in rent and has filed for bankruptcy cash-for-keys to get them out?We have a property in Memphis that is being managed by a property manager. The tenant paid May rent, bu...

I am a smaller investor, but I am looking for a way to report money that is owed from tenants not paying rent and damaging our property.  I believe you need to have a court judgment on them in order to report it to th...

I'm almost out of debt. My credit score is hovering at around 610. I don't currently have anything saved but between tax returns and some insurance claims, I should have at least 1k in the bank soon. Once I eliminate ...

Hi there. I am purchasing a storage unit facility. There are $2,500 of prepaid rents that the sellers are transferring to me. There is also $1,400 in past due rents that they want to deduct from the $2,500. The proper...

Is there such a thing as a forgivable sellers second. I have a home that I am selling for $50,000. The buyer has low credit but can come up with $5000 down. The gentleman doing the financing said he can get an
80-...

Hope everyone is well. House for rent on market for 4 months, recent price reduction. I have 3 applicants, employed, mid 20s, combined monthly income is $200 short of (3 x rule). 2 of them have excellent credit, 1 ha...

Recently found a home in a nice neighborhood that appears to be abandoned with nuisance notices on the door. After a lot of digging, found an ongoing case through casenet between the owner of the property and a debt c...

Everyone who weathered the 2008 crisis knows it's very important at this time to make sure not to over-leverage on rental property. What is safe?  I've heard 65% LTV should allow pretty much any investor to ride out t...