Hello everyone!! I have recently won a money judgment against a tenant for small sum of money in Michigan. The tenant is moving to Ohio, can I still garnish his wages from Ohio? I plan on garnishing his income tax thi...

As private money lenders, protecting your investment starts with careful borrower vetting. Here are some key red flags to watch for:
🔴 Lack of experience: A borrower without a proven track record in real estate proje...

Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...

I like some advice on a legal issue I've been dealing with for years. In '94, Dad met a real estate agent, loaned him 20K, they did a few deals that went OK, and then in '97, Dad borrowed another 20K out of our 4-uni...

We have been negotiating with a seller for a piece of land we intend to develop (if purchased) in Texas for several weeks now and I don't think we'll get a contract. We are gearing up from a procedure standpoint to b...

ATLANTA experts please chime in on this.

Bank initially approved my offer to buy a 6yo, modern, nice, heavy traffic, 8000sf foreclosed strip mall in Clayton County, GA for $475K cash. Rent roll show NNN l...

Hello all, I am 3 days from closing. I had an issue with my 2021 tax returns and my CPA had to get them amended to be fixed. The underwriter said the 2021 tax return cannot be used as legible since its been amended. K...

Debt coverage ratio is only for commercial loans correct?  It is not a figure I need to be concerned with for purchasing 2-4 unit MF properties?  Is the residential loan equivalent the DTI?