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...
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...
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...
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 ...
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.
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...
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...
There is a right way and a wrong way to deal with foreclosures. He chose the wrong way. Don't even *think* of doing it.Defendant pleads guilty in scam targeting homeowners facing foreclosure Jan 23, 2018 Info Wyandot...