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Results (199)
Lorenzo Decaria Name on the mortgage but deed in LLC
5 December 2023 | 11 replies

Hi, I'm new to the forum and here's my first question.I just acquired a rental property and paid cash. I'm looking to refinance it once I deed it in my LLC name. I'm contacting lenders to have a DSCR loan and they see...

Armando Payano Tax lien Investments
3 October 2016 | 10 replies

Hello BPCan any tax lien investors share what criteria they use for their investments. I'm meeting with with our attorney to discuss some diversification options. We have never invested in liens before. We are in the ...

Hanna Brown Buying Redemption Rights in Oregon
19 December 2017 | 3 replies

Anyone have any advice on how to go about buying redemption rights in Oregon? If you have insight into any of the below questions, please comment!1) What has been effective in terms of cash for keys? What do you typic...

Chris Martin No need for an operating agreement, just ask a lawyer
31 December 2012 | 16 replies

I ran across this that came out of the Special Superior Court for Complex Business Cases, Cumberland County, NC.

Preamble: "An old saying declares that “the cobbler’s children have no shoes.” Lawyers may suffer from...

Kenny Gill Seller Financing offer
26 April 2011 | 9 replies

I want to buy a property using seller financing. I need to draw up all of the paperwork & make the offer to the seller @ a price of 40k w. 5k down & terms of X per month for 84 mo's. My problem is that my la...

Samuel Chua What happens if I fail to pay the mortgage for my property
3 April 2019 | 14 replies

What happens if I have a bank loan and fail to pay the mortgage? Will the bank take the property away from me? Is this why it is always better to get a downpayment even though I have enough cash to purchase the entire...

Raja Shine Tenant moved out breaking lease; default on rent since move out.
15 September 2024 | 7 replies

Description:-

Tenant was on a 20 month lease (Oct '23 - June '25) on a single family home/Texas. He "talked about" the possibility of an early lease termination 6 months into his lease Apr '24 due to a new high pa...

Katharine Chartrand Keys for Cash
7 July 2014 | 19 replies

I just bought my first house at a foreclosure auction today after 3 attempts on other properties. I've been flipping REOs so far. The auctioneer was inexperienced, lost (could not find the correct legal location ...

Kris Fox Questions about a Deal with Agreement for Deed
19 April 2015 | 25 replies

This is an unusual situation, but I'll try to do my best describing it. I wasn't sure if it his question should go here or in Notes Forum.Seller and her husband sold on "Assignment for Deed" contract that is recorded ...

Jeff S. To Record or Not to Record (a Note), That is the Question
4 May 2012 | 12 replies

Our process is to use a broker to originate all of our loans. We fund the deal and then the Note and Deed of Trust are assigned to us at closing. Pretty standard stuff.

The DOT and Assignment of course must be reco...