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Results (5062)
Eric M. Lenders, do you have borrowers pre-sign DIL?
12 June 2014 | 31 replies

I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.

Sounds too good...

Account Closed Using a licensed MLO to originate seller financing loans
7 November 2013 | 27 replies

There have been several threads here on BP lately about the legality issues when seller financing to consumers. New, apparently stricter federal regs are in place to start 1/2014.

I've posted before that I've been...

Hedy Kromer 1031 exchange to invest in an out of state Turnkey?
3 January 2016 | 40 replies

This is my first post on BP. I’m really on the fence & need some advice.I have a 3 bedroom single family house in Los Angeles, CA that I bought in 2009 right after the crash for $255K.It’s appreciated a lot & ...

Alfred Bell Does anyone use a Checkbook IRA LLC?
16 December 2023 | 82 replies

I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...

Jenna Barnes I am starting in property management and I’d love some advice
3 April 2021 | 14 replies

Hi guys! I am wanting to start investing ASAP and I have recently started a property management position. I am 18 and in the process of getting my KY real estate license but I really want to go ahead and invest. I hav...

Ashley Robertson Short Sale Flipping "Illegal"??
23 September 2015 | 45 replies

I met with a realtor today who said she has years and years of experience in short sales and explained to her when I had been in investing years ago, I basically was flipping houses for quick cash. I would get a home ...

Faisal Farnas Caught Tenant Smoking Weed
14 January 2017 | 76 replies

Hello,Looking for some advice here. I am not sure what to do. I live in one side of a duplex and renting out the other side. There is a shared laundry room. My current tenants have paid on time every month, and every ...

Andrew McGuire I'm Buying Negative Equity Properties and I'm Excited About It
31 May 2024 | 149 replies

I purchased 1 and UC for 2  properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...

Karen Polis Salvaging bad flip (defaulted loan/taxes overdue)
5 August 2020 | 59 replies

Seeking ADVICE / Property is in Norristown, PAI lent money to somebody (a land trust) for a fix and flip. Unfortunately, I did not do my homework beforehand, otherwise I would have realized there are 4 other investors...

Richard Vang Tenant complain about mold
8 February 2015 | 44 replies

Tenant complain that there might be mold. So, he ordered mold inspection directly without my approval. Now, he wants me to reimburse the inspection cost saying that there is mold.

To me, mold can easily be ...