T. Alan Ceshker
Wraps and due on sale clause
I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due. Some because of mistakes with insurance. But, some due to lenders looking.One lender/servicer is HomeLoan...
William Alston
The Real Foreclosure Market
Something I have noticed for quite some time is that lenders are not being candid about the depth of the crisis and no one in charge is making them accountable for the harm inflicted on each and every one of us.
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Sean David Gibson
I'm being attacked by financial planners!!!
I just became a Pro member in the last month! We house hacked our first property and are now looking forward to adding more single and multi-family units to our portfolio. I've just begun posting some of my trainings...
Jie Zhao
Seller filed bankruptcy 17days before closing
I am the buyer. Under Contract on 03/10/2018. Closing date is 04/17/2018. Normal sell. Seller was pre foreclosure starting November 2017. Seller Has equity in the house. Not a short sell. Yesterday my lender needs to ...
Olga Daisel
Discount me the sales price please
Hey,I a house under contract that has structural issue, a pretty serious one. The roof rafters are falling due to water damage. The conventional mortgage lender sent an appraiser who realized that there is an issue. T...
Haider Abdullah
Post sale issues - electrical
BP community!We sold a home in McKinney (Texas) a few months ago. We did not get permits on electrical. The buyer had their chance to do DD and did not bring any attention to electrical. The buyer has now come back an...
Robert Koncal
PCSing to Hawaii, six tips for success
You've just received your orders and you're PCSing to Hawaii. You're feeling a lot of different emotions right now. Excitement, but you're also a little worried and think what am I going to do? Not to scare you but yo...
Joe S.
Owner financing a property in a land trust
I had one investor tell me before that they put their properties into a land trust and then owner finance the property without taking it out of the land trust. I had a hard time wrapping my mind around that. Any land ...
John Friendas
LLC Mortgage Under Partner Instead of Me
Hey,My investing partner and I have reached an agreement where he would have the debt under his name and apply for it individually, and I would do the majority of the management (he is out of state and my income is ha...
Stanley Cleveland
A Land Trust Question
If for example I had 5 properties, each one sitting inside its own land trust. I have the beneficiary for all 5 of these properties as one Michigan LLC.My question here is if for example I was facing suit for one prop...