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Alright, I need some expert input from those of you who work with Fannie and Freddie underwriting guidelines for a living.What are the rules for originating a loan on a property that has a code compliance lien on it? ...
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Hi all, I am in contract with a duplex in Canton mi. The numbers were looking very good until I got the property inspected and major foundation issues arose. The seller is very motivated, she is willing to lower the p...
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Hey BP, I'm currently under contract on a property that has some zoning issues in Phoenix and I'm wondering whether any of you have any experience in rezoning in the city of Phoenix from a SFH to a multiunit? Specific...
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Seller trying to sell us a property that is already under contract With another buyer. So we get a call today and the seller is willing to sell us a property and sounds a little motivated. My wife schedules me an appo...
Hi everyone,Long story short, I have a tenant at one of my properties that notified me that he'd be invoking SCRA and breaking the lease early due to issued orders for demobilization/discharge from active duty Nationa...
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Hello! I have a tenant that wants to move out, and refusing to pay rent. I need an attorney to handle this. Due to plumbing issues he claims that property is “inhabitable” and says he will leave without paying. I offe...
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Hi BP Community,
I recently purchased a SFH with two separate dwellings in Alberta, Canada. Within the first month of owning the property the basement flooded. Flooding is never fun to deal with as a landlord but I'm...
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I have a option contract that I have been using for my offers on SS and I have been reading that some people are recording a Notice of option to help them get by the seasoning issues from lenders and FHA. My question...
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Having a little trouble finding a lender/bank that's ok with refinancing a mortgage of LLC owned property. Have any of you found such an institution you can recommend? I'm looking at refinancing a couple in 6-12 mon...
Hi All, I am new to BP/pro. I have a home in middle Georgia near Robins Air Force Base. My spouse is just finishing up a tour there. We want to keep the house we bought but not sure how to go about finding renters...