I'm looking into lending a condo owner about 22k at about 10%. The note would be backed up by his condo, which I haven't been able to see the inside of because it is currently in litigation. The person living in it bo...

10 REASONS FORECLOSURES ARE TOXICThe following observations are based on my own personal experiences with foreclosures over the last three years.  They are my own opinion, thoughts and conclusions and is meant as "foo...

Hey BPers,My scenario requires a bit of a background knowledge in order to fully understand.  I will try to break the scenario down piece by piece for ease of digestion.  Here goes.The Buyers:  Myself and a partner (l...

Hello BiggerPockets family,I am currently in escrow for my first multiunit so I am finally able to join in on this side of the forums.I was just curious to how most of you fellow investors would setup the basics in be...

I'm a landlord who owns a Single Family Residential home with a detached unit in the back in Los Angeles County. The detached unit is about 95% done before the City Inspector can sign off on it and give me the Certifi...

Response to Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers Response prepared by Rishel Consulting Group – a consultancy for chattel lendersRishel Consulting Group is a nationwide consultancy ...

I was the high bid on a tax deed in a condo-hotel in Florida. I'm not really sure how that happened since there is a significant lien both from the condo association and the mortgage company. Both liens disappear si...

Hi BP, I recently purchased a REO property in Georgia. The occupants who are currently living there I suspect are squatters. I've seen the house and it's a total mess. Police have frequented the property on many occas...

Hey all . . . I had a few questions that I was looking for your insight on. Please feel free to share your thoughts on the various subjects.

1 - Are you seeing a settling of prices in foreclosures (REOs) right now?...

HELP!!  So I have a tenant who let someone stay with him, but did not tell me about the person staying beyond the terms of the lease - 2 weeks.  It turns out that person is ready to play the system and when I went to ...