Tim Ward
What would you do?
Hi Everyone!
I have a 5800sq ft, 4 unit apartment building in New Brunswick, Canada that I bought a couple of years ago. The building is quite old and has lots of old/dated wiring that has made it un-rentable until i...
Account Closed
My Tenants Want the Basement Finished
Hello! I have a four bedroom three full bathrooms property that is currently occupied. I charge these tenants $2000 per month for rent. I verified the fair market value with Basic Allowance for Housing at $2169.00. ...
Danielle Scott
LLC Title Related Issues
My family and I purchased a house in 2010 in Arkansas and put the original mortgage and title in my name solely. We decided to start renting it out, and all agreed to transfer the title to an LLC. The LLC was supposed...
Jay Hinrichs
Wholesaling and the equitable interest theory
I just completed my CE for my mortgage bankers license here in Oregon today.what I found interesting and wanted to share is there was a module on license requirements as it relates to selling real estate.State of Oreg...
Yinan Q.
Subject to: title company won't issue title insurance
I got a potential subject to deal but when I talk to title companies, most of them won't do it because of the "due on sale" clause on the exiting loan. Only one title company I talked with said they can do it but won'...
Herb V.
The Dovetail Method
Double closings using the Dovetail Method. Can anyone explain why this is good or bad. How does it work? Thanx, Herbster
Alin Toncz
Finally!!!!!!!! My FIRST DEAL EVER!!!!
I finally put up an offer and was accepted. I placed a $ 2,000 bid on a NPN of $ 92,000, but the house has a value of only $ 65,000 max. I'm thinking if I can get the current occupant to agree with a restructured and ...
Will Barnard
Senate Bill 94 - California
Are any of you short sale investors aware of Senate Bill 94 which was placed into action October 12, 2009? If not, you need to read up on it right now. While it only affect us in CA, other states are soon to follow, a...
Anita Smith
Question for an attorney or CPA? I'll pay for the advice
I picked up a new tax accountant this year hoping to get help with this issue... and not only are multiple things incorrect on the return I just got back to review, but some of her advice seems *off.* (For example, I ...
Will Sifert
Post foreclosure bank charge off
Hi,
I am hoping to get a little information about what happens to a property after it is foreclosed on then later charged off. One of the units in my condo building was foreclosed on about 4 years ago. As f...