I have a commercial loan on a residential property. The loan was originated in January 2020, and in May 2020 I got a letter requesting me to send in a personal financial statement and my 2019 tax returns to the lender...
i'm planing on buying houses using seller financing. im thinking about winning over some sellers by lining up a buyer for the note at the same time. Obviously this will only work if note buyers are offering a reason...
As an owner that lives in another state, I want my property to be in a good condition and PM looking out for that. How often should the property be inspected for appliances, locks,a/c filters,furnace,water heater,smok...
I am considering buying a 1st position non performing CRE note in OH. The receivership appointed by court and it is in place. Ohio foreclosure's goes through court and ends at sheriffs sale . Min bid starts at 2/3 ...
From August 2019 to August 2020, the metro area saw an employment loss of 2.7%, or 29,800 jobs, according to a report published September 22 by the Greater Austin Chamber of Commerce. Despite that massive dip, it stil...
I have a person who sometimes work as my handyman for my rental property. He's been and reliable so far. He is now interested in occupying one of my apartments which has become available for rent. He's agreed to per...
Hi there. I'm working on a potential deal and need some advice. It is a manufactured home on a city lot that has not been set as real property. The owner passed away about fifteen years ago, and probate has not been f...
Recently, I have heard more talk of people investing in contracts for deeds that are non performing. I haven't seen these type of notes offered on the traditional platforms and I was wondering who sells these type of...
Hello BP, it's been a while since I've been on here.Bottom line up front: How might you proceed if you had a cash-flowing property that had appreciated significantly, and wanted to take the next steps to expand your p...
I realize this is a broad question, but I'd be interested in hearing about note investor's experiences with this phenomenon and how often it happens, and what the strategies are to get the borrower back to performing.