James Paine
Re-Lease Fee to Property Managers
I own rental properties in 5 different states and everyone does things differently. In most of the ares I have more than 5 rentals so I am usually able to negotiate a good deal. My question is about a re-lease fee.....
Ted Akers
Short Sales - Encouraged by Treasury
The US Treasury Department on November 30th announced plans on how to streamline Short Sales. Most agree, although the administration continues to spin it as a success, that the Making Home Affordable program has been...
Mark Fulop
How to not get defrauded by a fake private investor?
My name is Mark Fulop I am a mortgage correspondent lender/ underwriter with about 13 years of experience. The main reason why borrowers use a mortgage broker is to ensure that they attain funding from a reputable so...
Jan B.
A Sale Gone Bad. What Can I Do?
The day before the closing date (May 30th) I was told that the buyer's financing could not be approved for the FHA loan due to a judgement on his credit. I am now being told by my realtor that I can not sell the ho...
Jack Barkow
Title Company Hasn't Cleared Liens for My Refi. What do I do?
Hey BP,Here is the background before I get to the main problems and why I am now feeling "uncomfortable."I closed on a property in January of this year. It was a cash deal and everything went smoothly. I am now in t...
Patricio Tellez-Giron
Can I sue my listing broker? Do I stand a chance?
Hello BP,I have a big problem with the listing broker on one of my properties in Las Vegas, NV. I normally list my flips with the same broker that got me the property... I am just realizing it might've been a big mist...
Mona Lisa Harrison
October Foreclosure Stats
the following is taken from an article in Inman News, a real estate agent news site.
A total of 11,673 U.S. properties endured foreclosure filings —
including default notices, scheduled auctions or bank repossessi...
Andrae Warren
Rehab Costs Budget question
Good afternoon,I am in the process of purchasing a home which requires a rehab/repair budget. The lender will be doing a holdback of the budgeted amount, and I am curious as to how this process will work in terms of ...
Colin G Murphy
Struggling to release equity on a debt free SFR worth $350k
Hi everyoneAt the beginning of 2013, two business partners and I pooled some spare company cash and formed an LLC to purchase a single family in a nice neighborhood of St. Petersburg Florida. We fixed it up a little ...
James Bruntfield
Refinancing with a blanket mortgage
Hi everybody!
I've been reading the forums for a while now but this will be my first post. I have 2 properties in Schuylkill county PA which I'm thinking about refinancing so I can pull out the equity in them and pu...