Rami Khaldi
House for sale, partially renovated
Hey BP community,Hoping you can give some insight here. Might be a dumb question, but why do some houses go for sale after someone else started renovations on it? Pics reflect some redmodeling work with equipment in t...
George V.
Bogus prospective tenant
I'm renting new condos and a lady comes by for a showing, and asks for an application. Before I even send her an application, from a simple search, I see she has 2 prior bankruptcies and is currently in another bankru...
José Rivera
HOA Quit ClaimDeed For Cash No Warranty of Title worth the Risk?
Hello, I have a question on a possible deal........My HOA has taken record title of a unit and is going to sell via Auction. The HOA is not guaranteeing clear title, only a as is quit claim deed for cash sale. I did...
Patrick Mahoney
Buying a Second at a Foreclosure Auction
Hello,I recently found a home in California that has two Deeds of Trust on it, the first being a mortgage and the second being a line of credit. The Trustee for the second (the line of credit) is foreclosing on the ho...
Account Closed
Personal residence to rental property
Hello! I purchased my personal residence in September 2021. I anticipate to be moving in September 2023 and would like to rent out my personal residence. I have a few other rentals in the area that are owned by LLC's....
Nick D.
Personally guarantee the mortgage but deed the property into llc
I have a property in Ft. Worth Tx that I own all cash and want to refi cash out and do a good 70/30 LTV. I want to make sure that the deed is in the LLC name not in my personal name and have been told that I personal...
Taylor Vishay
Residential Foreclosure - Dun & Bradstreet
I am a small business owner. I asked Dun & Bradstreet if my personal credit appears on my LLC's D&B report. They said in most cases, it does not, but that residential foreclosures & personal bankruptcie...
Dustin Beam
Another screening question (bad credit vs good rental history)
Hello beautiful people of BP,I know I'll make the final call, but as a LL of 15 months I'm still trying to determine what really matters most and what to avoid when placing a tenant. And I'm not too proud to ask for a...
Tim Morris
Reneg lease vs call personal guarantee
My commercial tenant is months behind on rent due to covid closures with 1 yr remaining on the lease and came to me the other day asking for the debt to be forgiven and rent to be reduced to 10% of revenue going forwa...
Emmett Dempsey
Just won foreclosure sale...what about stuff in the house??
Well we just won our first Florida foreclosure sale..yeah! Well the first one that should go to CT anyway, lol. The house is vacant based on driving by during the day and night (no lights on). I went onto the prope...