Vincent Martinez
California - Homeowner Bill of Rights
"Cancelling a Pending Trustee's Sale: A mortgage servicer must rescind or cancel any pending trustee's sale if a short sale has been approved by all parties (e.g., first lien investor, junior lienholder, and mortgage...
Nick Bandiera
Can first time investor/buyer get DSCR loan
Hello,I am looking at purchasing my first rental property in the Cleveland area. I currently live in San Diego and can’t go conventional route until I get a W2.Can I get a DSCR loan if I have never owned a home in the...
John Philip Eugenio
Transferring RE to LLC
Good evening BP community,I currently have 3 houses in CA: 2 rental and 1 primary. Both my rental properties are under VA loan with 4.5% and 2.5% rate. I bought these houses as primary residence back then. I would lik...
Kris Haskins
Auction.com, how can the site automatically bid against me??
Ok, so auction.com says- and I quote..... "ADC may counter bid on behalf of Seller on any Property up to the amount of the Reserve Price" How is that legal, isn't that like a realtor saying they have other offers...
Brie Schmidt
Too many loans? HELP
I own 3 properties in my personal name - I want to 1031 one of them into another investment property. The issue is I have 18 commercial loans to my LLC and I am 100% owner of the LLC so they are on my schedule E. My...
John Schulz
What risks come with renting out an illegal in-law suite?
Hi all! I'm a beginner in the Chicago area and I'm just learning the ropes around REI before purchasing my first rental property. I've seen a lot of properties that have finished basements that could be rented out for...
Joseph Turner
Private Loans/SEC Regulations
Hello:
I have done numerous searches for information pertaining to soliciting/using private money and SEC regulations on BP and other sites and am having a hard time formulating a basic understanding.
I do not want ...
Hiro Kitagawa
Renovation loan: 5% - 30% down
Hey guys I'd like to know a bit on so called "renovation loan". Not the FHA 203K loan, but conventional. One loan officer noted only 5% down of the ARV is required, while another said she has never seen anything lowe...
Jerome Wiley
Fair Housing and Screening tenants question.
Can the landlord ask a perspective tenant how many adults will reside at the rental property?
Anna Granofsky
Shared Housing Advice
I am in the process of buying my fourth unit but this situation is a new one for me!I am purchasing a four bedroom house that will be used as shared housing for veterans. Each veteran will have their own bedroom but s...