I have two properties I want to flip in the LA area. I own one and have negotiated purchase on another. I am an experienced designer and have private lenders (friends) interested in investing. What is the best way to ...
Has anyone ever experienced a lien on a property, an unpaid second loan that has passed the statute of limitations, a "Zombie Loan"? In this particular situation, the homeowner obtained an 80/20 loan in 2005, stopped ...
I have been reading that if the 1st mortgage is being closed upon, than all liens that are filed (other than state/ira/utiliy liens) are wiped out. Does it mean, even mechanical liens doesn't hold? What about the HOA ...
Hey guys, I am very interested in flipping houses. I have always had an interest because since the time I was a kid I was flipping electronics locally to ebay for a profit and I love turning money into more money. Her...
I would stay away!! Peerstreet buys Alohas notes and Aloha still tries to service the debt that is not theirs. This is illegal!! They are a lender that will set you up for failure. They are currently in litigation wit...
Hello BP. Ok so I'm getting close on closing a deal on a rental. I've been reading and I'm hearing that in the state of Texas you an only do lease-options for 180 days. Anyone have any insight on this? Also if I can't...
My renter hit hard times and decided the thing to do was to disappear, leaving behind several months of unpaid rent and a trashed house. That's the backstory, and here's the new twist...I just got a letter from a lawn...
If I were to purchase a property solely with private lenders (say 3-4 different individuals) using debt financing (i.e. I own the property and they are the 'bank'), in addition to the Promissory Note should I also sig...
I have an LLC structure, but I own a rental held in my personal name. This was done so because of loan type and rate. Can I set up my account with my property manager in my LLC name so that all income and expenses g...
I wanted to ask for insight on collection-related matters in CA. I had to evict my tenants and obtained a judgement from the court for unpaid rent. I am assigning this judgement to a collection agency.Now the propert...