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My mother recently gave me one of her rental properties quit claim deed. She has a tenant in it. That hasn't paid in 2 months. They are on a month to month. Due to their lease expiring in 2020. Am I going to have a ha...
I am looking at a property that has been tied up in a chapter 7 bankruptcy for a couple years. The property value is likely below the debt against the property. It appears that Seterus bank took the mortgage as the ow...
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Hi All, My partner and I are getting ready to purchase our first investment property as an all-cash offer. I want to know if we should put our names on the contract or put an LLC name on the contract? We plan to rehab...
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Say, for example, that Joe (who has bad credit) wants to buy a property, but needs Mike (who has great credit) to get the loan.
Can Mike get a loan from a lender, and pass it through to Joe?
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For a military veteran who's a new investor looking to purchase their first multifamily property to house-hack, does it make more sense to just get an umbrella insurance policy with VA financing (since you have to pur...
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Hello all, I have a bit of an interesting situation. I have a close friend of the family that acted as the bank on a property for an individual ( I know horrible idea). Long story short it has been a nightmare for my ...
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I have a another beautiful home under contract for a Sub To Agreement. My Purchase price is the remainder of the mortgage. The house is only 8 months old. Needs no repairs. Mortgage + Insurance payments are $930 month...
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Hi I am new at this, first off I didn't really know what category to put this in... Thanks in advanced to reading and your input, used or not, it is truly appreciated! I have opened a discussion about certain details ...
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Hello BP, I started investing back in 2015 with the purchase of a 3-family property around the Northeast Pennsylvania region and admittedly made some rookie mistakes. A few years later I found myself in court to evict...
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Hi - first time investor, naturally. I have a property that I want to refinance from a hard money loan to a longer loan. Here's my questions: - why is it that the hard money loan, on which I paid interest-only, is now...