Tinah Canda
A Deal Gone Wrong - What's Next?
Hi BP community, my name is Tinah and I'm a newbie investor in Worcester County, MA. I need some direction on how to handle a deal that has gone insanely wrong.
I made an offer on a 100-year old house for rental. My ...
Thomas Hallensleben
application information verification
I am new to the landlord business and am unsure as to what I can legally ask former landlords and employers. My property is in Kansas City, MO and I need to verify income. Is that something I can legally ask the emp...
Sara Oubre
Mobile Home Owner Financed, Now Purchasers Divorcing
Hello,
I have a mobile home in Texas that we owner financed to a husband/wife in April of 2011. Thus, we hold the note, and the title etc. are in their names jointly.
I received a message today from the...
Sanjay Patel
Foreclosing on a LLC borrower who has filed for bankruptcy?
The scenario is the following:as a private lender, I have a 1st lien on a property (in washington dc) to a borrower who is an LLC - and unable to make payments. I am going thru the non-judicial foreclosure process to...
Steve Babiak
reporter's "simple assumption" (subject to) sale goes awry
The biggest newspaper in Phila - The Inquirer - recently ran a story from a reporter who was having issues 14 years after he agreed to allow a buyer to acquire his property by a "simple assumption" of the mortgage; so...
Jennifer A Finn Sutton
Obtaining a Property That Has Been Sitting Empty
There is a property that has been sitting empty. It seems that the previous owner (now deceased) has done what he could to keep anyone from purchasing it after he was gone. We have researched it as in depth as we thin...
Adam Gerig
Sub-2 bank statement
Is there anything special that you guys use and have the seller sign to get the pay off information to put a sub-2 deal together? I've got one that is a cash-cow that I am looking to tie-up, but would need to get ban...
Lynne Hart
St. Louis Auctions & Title Searching
Can anyone tell me if there's a quick way to perform some due diligence on titles prior to bidding on an auction - my target area is St. Louis, MO in the city. I have a title company, but in addition to costing $1...
Jessie Stafford
VA has no record of foreclosed property??
I am a newbie, and the first house I am looking at to purchase is a turning into a complicated one. Here is the story: Any feedback is welcomed :)I live next door to a foreclosed residence. From what the neighbors hav...
JR C.
My tenant may file bankruptcy.....
Before I start, I do have an attorney and will absolutely follow his advise, but in the meantime, I would like to hear all the opinions I can on this issue fro the vast experience on this forum.I have a property that ...