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Despite being a part time hard money lender I am afraid I know little about buying and selling existing notes and it is an area I am curious about. I have been reading Lorelei's Legal Lessons which though it is 15 ye...
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Hey all,We have a property in Greeley, CO and found out the tenant has not paid their utilities for the past 3 months and gas will be shut off today if they don't pay at least half of the bill today.This is our first ...
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I found a property nearby that Caliber Home Loans (hedge fund lender) has taken via foreclosure from the owner and the property is sitting vacant since Spring. Has anyone worked with this lender before that would have...
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I recently purchased a Triplex that came with tenants, one of which never paid his rent. I finally got him evicted just over a month ago after going 3 months without rent. I took the initial security deposit and k...
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If I have 2 rental properties and charging 1st, last, and security; can I take the last and security for both places (combined) and put them into a Bank of America savings account?In other words, I already have a chec...
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Hello,We are trying to refinance however, lenders are asking that we request a payoff or subordination of a lien held by HUD. We would like to know if you would recommend that we challenge the lien based on the follow...
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I am a Texas lawyer with over 30 years. I will answer general questions about Texas real estate law on this forum. Usually answers will be posted within 48 hours. I cannot respond to questions about specific transacti...
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Hey all flippers out there. My friend and I have purchased our first flip property and we were thinking about using one of the self install security systems and cameras to secure the property during the rehab. We spec...
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I am a first time home buyer looking to purchase a home/multi-family property. I've been interested in Real Estate for a long time now, was even a loan originator at one point. My goal is to obtain finacial independen...
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Do you see anything wrong here?