Brian Sanchez
title insurance for rehab costs from private lender?
Hey BP:
I am about ready to close in the next week on another property in Indiana. It is an all-cash purchase. However, I have a partner who is willing to cover the rehab costs of 40K. I have the promissory note w...
Joshua Corwin
Should I need to respond to letter from tenant injury attorney?
Hi everyone, really hoping for some advice from the community here.
I have a tenant that is faking an injury (one of these slipped and fell kind of things) and hired an injury attorney. That attorney sent a demand ...
Brittany P.
Skip Recording CFD's?
Hi All,
I have a question that I'm sure will make me sound reckless to some of you experienced note investors. Here goes: I've just purchased my fifth contract-for-deed (CFD) and I'm now on a timeline where I save u...
Alan Risberg
Home sold as is......insurance claim?
I'm not sure if this is the place to post this. My vacant home is under contract sold as is no contingencies or inspections. After the offer was signed by both parties the buyer who is a builder had his roofing contr...
Alan Bosca
Advice on bldg retrofit with forced tenant move-out
Hi -My condo bldg has structural issues affecting my unit line & my tenant will be asked to move-out.Does anyone have advice on how I can minimize the downside in terms of lost rent? Can I recover from insurance ...
Matt Hogge
Triple net on residential house
GreetingsI am looking to set up a lease on a residential zoned property with four units on it. House is approximately 100 years old but in good shape overall. I plan to rental arbitrage the property and run a short t...
Erika M.
Primary residence to Rental
HelloI have an FHA mortgage on my primary residence. I have owned and occupied this single-family home for 2.5 years, and mortgage payments are current etc.I am relocating soon (but not purchasing a new property) and...
Jay Chekansky
Seller Finance Buyer Fails to Maintain Insurance - Proper Way to Bill Back for FPI?
Hey All,
I am seeking advice on the proper way to charge back my borrower on a seller finance deal in which the borrower has allowed the insurance to lapse. I have a force placed insurance policy now in place to cov...
Jeyo Punnakottil
Ny one delt with insurence companies trying to lease for 2 moths
Ny one have experience with residential companies asking for short term LEASE ??Currently have a third party company working with insurence company trying to find a place for a tenant with house fire.The Third party ...
Jared Sorrentino
Wholesale a burned property
Hello all I am a new wholesaler working on a deal right now and i was hoping to get some advice on the risks involved in this deal. The seller is asking for 60k for the house as-is but it has come to my knowledge that...