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HUD Guidelines 24 CRF 206.125 applies to the sale of Reverse Mortgage Foreclosures. The stipulations state that "Property cannot be sold below appraised value (LIST PRICE)." Can anyone familiar with this HUD product a...
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We have received a rental application from a couple who probably would meet our financial rental criteria but they have listed that another family will be living with them. They are US citizens and will be sponsoring ...
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I am in Illinois. I will allow a single dog of certain breeds and age in most of my rentals. there is an additional $50 a month charge and an additional 600 pet deposit. I have a potential tenant that is interest...
I have a question I'd like to throw out there for anybody who may know the answer.
I heard a well know real estate guru mention a few times now that you can not assign options or lease options (like a coopera...
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Hi BP Community,Today some tax news came out that is very relevant to the industry. I'm sure many are aware of the new Sec 199A deduction which essentially allows for a 20% exclusion of income earned for business owne...
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We just evicted our tenants for non-payment. Do we have to send them an itemized list of charges to keep their security deposit?
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Hi BP community!Looking for some ideas on how to structure a deal. Our potential sellers, who bought their property a little more than a year ago as their primary home, would like to sell quickly for health reasons to...
Hey. Are there any problems you all can foresee with a tenant who has ‘special needs’ dog. I’m renting out my place for the first time and I’m a little concerned about renting to anyone who has a mental or physical d...
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Looking for a good lease option contract for Oklahoma. Anyone know where I could find one?
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Hi,This question might sound rookie but that is how one learn and grow. I wanted to verify if there are any laws that restrict a buyer from contacting a motivated/unmotivaed aka ALL SELLERS.I can simply contact them v...