I have yet to purchase any rental property. I have made my money overseas from savings. I do like owning some stocks, but I now want to diversify into real estate. I have $500,000 in cash. I do not want to rush in...

I’m a landlord with 6 properties, 3 of long term tenants have decided to cover themselves with this covid blanket. He’s about 6500 past due. I’m in Georgia and counties aren’t hearing any cases. I understand the CDC h...

Hello allI know this msg board has infinity wisdom but if i dig up the old posts on my question the answers might be different given the market has moved.Ive been mulling over the idea of buying some rentals in the pa...

So I thought I was buying the 1st mortgage here's what happened.2nd Mrg 200K in 2009 - harris bank 1st Mrg 100K in 2007 - harris bank - this is the one that is being foreclosed, but it also has a subordination file.Th...

I need feedback on this method of payment for tenants. I have given them my business bank account number and instructed them to take all payments to the bank and deposit them either by check or cash. Then send me a...

I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...

I had a purchase contract with the Bank of America on a house.  They "cancelled" the purchase contract and told me I am not getting my deposit back.  They are not in a strong position legally, but they will likely be ...