Michael Williams
Reinstatement of Anti-Flip Rule
What is the creative solution around the re-reinstatement of the anti-flipping rule? Is owner financing the best solution or are there others? This would also be a great opportunity for small banks or some other lendi...
Rian Ash
Seller too eager to cancel
Hi BP Members,I am in a not so common situation right now. I got into contract to buy an apartment in Contra Costa, County California around 26 days back. We got into contract as soon as the property came on the prope...
Jim Bowser
Can you do a short sale in a redemption period?
I had always thought you had until the end of the redemption period in redemption states if no one buys at the auction. I had a short sale pending with Shellpoint and they wouldn't postpone the auction, it was held a...
Bryce Renicker
Keep existing tenants on new house hack?
Hey Biggerpockets community,I purchased my first live in 2-flat in Chicago this past December and became a first time landlord. I live in one unit and the other unit was already occupied, with that tenants lease expir...
Scott Toledo
KY Law on Early Termination Fees
Hi Everyone,My finance and I are new to the forums and have a buy and hold investment duplex in Covington, KY. We just received a 60-day notice that our tenant (an Airbnb host) is going to terminate her lease early. ...
Paul De Luca
Reducing Tenant Rollover Risk
Property #1 - duplex
Unit 1: lease is 10/15/20 - 5/31/21 (7 months)
Unit 2: ??
Property #2 - duplex
Unit 1: house hacking
Garden unit: lease is 12/5/20 - 7/31/21 (8 months)
I just approved a renter for Unit 2...
Keith Richardson
Raising rent after acquisition on 4-plex with tenants in place
I am acquiring a 4-plex in Texas that has tenants in place. The seller just renewed the leases 4/1. The rent is well under market and I would like to raise it accordingly. As I understand it these leases will transfer...
Ricardo S.
How can I make this Triplex Deal work? - Philly
Hey BP its been a while..I have a potential deal on a Triplex in Philly. My plan is to occupy one of the units as per the requirements of FHA within 60 days of closing. Now the issue is all 3 units are currently occup...
Lisa Kimberly
Company 2 Verify ARM Mortgage Amortization?
My current lender made some errors in calculating rate adjustments on an ARM for my investment property and not including information in the system when interest payment deferrals occurred in '07 and '08. Are there an...
Michael J Shabazz
Buying Right of Redemption, who owns claim to excess funds?
If right of redemption is purchased from an owner whose property deed was sold at tax sale, do the excess funds (if any) belong to the purchaser of the right to redeem or the owner before the tax deed was sold?