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Here on Bigger Pockets it is very popular to suggest that one can make loans through MLOs and avoid any responsibility for licensure and compliance. I have held that since January of 2014 that that is likely a very da...
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Hey BP I've recently heard about Judgement Lien Recoveries. I've been looking into it and learning more about it. It seems to be a legal service. I'm considering it for extra income to start my Wholesale Business. Has...
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I've read a lot about second mortgages being served as defendants in foreclosures which has confused me because I had thought the people being served in foreclosure cases were the borrowers. Can anyone clear this up f...
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*This link comes directly from our calculators, based on information input by the member who posted.Looking to purchase this multifamily property as a long term rental. I am a new investo...
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I thought I'd re-post this review of a GA decision in a lawsuit involving a breached contract.Shea v. Best Buy Homes LLC, 533 F.Supp.3d 1321 (N.D.Ga. Mar. 30, 2021)
Agreement to pay purchase price for real estate in ...
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I've been in this business for years and years, hundreds of units and untold thousands of tenants later, someone finally filed a lawsuit against us for their deposit not being returned.The story is the tenant was inhe...
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*This link comes directly from our calculators, based on information input by the member who posted.
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I have read several articles on BP that seem to indicate that one should create an LLC for rental properties. I own several rental properties, put my personal name on the title, and have significant equity in most of...
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Yes, I have questions. My LLC is in Wyoming I live in California. I did a private money loan in my Company's name to a couple in Oklahoma. Without going into all the particulars, a promissory not was signed for a shor...
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I am performing due diligence on an REO that is scheduled for a Trustee Auction in Tennessee. I am trying to reconstruct the sequence of events as it appears this was put up for sale (or auction) 3 times, and foreclo...