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Dear all,I’m working on a 3/2 SFR rental lead in Houston Metro area. Asking price is 175k$ and I’m coming back with the following 2 offers: a)160k$ cash, no contingenciesb)175k$ Owner financed with 40k$ down and 135k$...
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I approached an investor friend of mine who had expressed some interest in having me assume a loan of his on a nice four family. He got cold feet, expressing what would have been seller's remorse. He then called me ...
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I have an estate home under contract at a price that doesn't cover all of the claims. There are 2 FIFA Liens on the property, several unsecured claims, and the home is in foreclosure. I assume we need to go through...
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I have been toying with the idea come early 2021 that for any tenant that has taken advantage of the Covid situation and NOT paid rent ( 12 months of rent over $11k in unpaid rent) even with both of them working and w...
Working through a foreclosure in Cincinnati OH. Awarded property in November. Borrower determined to stay in home. Mad at the world which now includes me. Wouldn't/couldn't take a 50% forbearance deal. 2 prior bankrup...
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Failed to collect Property Insurance and Property Tax on my promissory Note now buyer refusing to pay $15,000 delinquency on mortgage that is $709 per month @ 4% with $93,000 balance now pending foreclosure. Any sugg...
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Over the years we have had one eviction and a few situations where the tenant left after falling behind on rent. It looks like we have another eviction in the making with long term tenants. In all of these instances...
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Hello, We run a small building and have been having problems with our water bills. They are too high, $72 in charges without even turning a faucet on. We have problems retaining tenants because of it and it seems the ...
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Any tips/things to look for when dealing with foreclosures on auction.com, Ive been researching for awhile need some help
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Hi all,Am considering putting in an offer on a multi-family in Manchester, NH. I have pre-approval for a 30 year standard fixed loan. The income/expenses are as follows:Asking Price - $245,900Gross Income - $2,790 p/m...