Sean Dougherty
Bank demanding full pay off!!!
Sorry for the long story but want to make sure to paint this picture somewhat clearly.I am the buyer in this transaction. I have contacted home owner in default and worked with them for months to purchase their home. ...
Akiem Jones
Forwarding Address Search
Hey BP Community!I closed on my first duplex a couple weeks ago and as part of our closing agreement the sellers had to get the previous tenants out before closing. That all went well but come to find out the tenants ...
David Smith
Working with property management company
This might be a silly question, but I truly don’t know. So let’s say I have an out of state rental property, then I put a property management company in place. Then the property needs its first repair. What happens? T...
Lynsey Staes
How to "prove" rental income as income when getting a mortgage...
Current property situation... 1 SFH - no mortgage - cash flow is $366 a month - rented since March 20161 SFH - mortgage - breaking even - this was my house before getting married. We turned it into a rental as to kee...
Vincent Plant
Buying Tenant Owned Property - Seller wants to keep Security Dep.
I'm in the process of putting together a deal where I am buying 2 twin properties. Its one building but two separate homes side by side and I'm buying them both simultaneously. They are both tenant occupied, and I wil...
Rodney Ford
Banks Asking For Down Payment
Has anyone had to give a down payment when submitting your offer on a REO? an agent told me banks are requesting down payments.
Thanks,
Jasmine Wilkes
dfw real estate agents
I'm in the DFW, and I was wondering can I make an offer on a house with a pre approved proof of funds letter? I was told by an agent that I need more in the state of Texas..
Jose Valdez
rental with eviction in place
Hi guys, I needed some advice. I'm currently in escrow on a fourplex in CA for an investment property(first investment). I was provided seller disclosures and it looks like tenants in two units are either in the proce...
Jane Dang
Renters Insurance for section 8 tenants.
I am renting my house to section 8 tenants. I want to request tenants to buy their own renters insurance.
Could you please advice if it is okay for me to request section 8 tenants to buy renters’ insurance? Is it a...
Holly Hill
Upset tenant requesting "repairs"
I have just told a tenant that we are not renewing his lease which is up in 2 months, he is very upset. He then issued me a written request for necessary repairs. However the repairs he is asking for include hiring ...