As it turns out, a tenant in a property I have under contract is NOT on a month-to-month agreement. Instead, they are 2 years into a 5 year lease (2021-2026), signed with the owner prior to the current one that is sel...
I'm a new investor and am working toward my first non-performing note deal, but of course it's not straight forward. The numbers work for me and I'm working through my due diligence, but I won't be speaking with my a...
Tenant signed lease (No pets, No smoking)
They moved in with 2 cats and 2 dogs. The place reeks to cat urine. So I fined them $100 and raise the rent $50 per month. So they moved out. Before they left they painted the...
OK, this idea intrigues me. I was browsing FCI Exchange today.
Questions:
1. If I want to buy notes, do I have to be licensed as a lender or servicer per the SAFE Act??
2. Would I have to service the loans? Or ...
I have the following case, numbers are made up, but the situation is real.I purchased a house in 2021, rented it out, in 2022 I demoed it and build new, finished construction in January 2023 and rented out almost imme...
I was looking at a property today and the MLS has it listed as a Triplex, fully rented.I looked it up on the county tax assessors website and the last time it was assessed it has a property type "SINGLE FAM RES, HALF ...
where would one get the proper paperwork for buying or selling a property??
Federal policy makers want to keep you from buying and profiting from openly traded non-performing notes (NPN). The bias is against private investors who purchase 1st and 2nd mortgages of delinquent homeowners in favo...
Hello-I'm looking at a property in the Old West End. I hear horror stories from some and others say there are some really nice parts. Any advice?