In expensive markets like NJ, Seattle, expensive areas of CA, etc? I suspect the demand curve will shift unfavorably, at least for expensive properties. Cheap properties in the Seattle area around 350K and so may be c...
So I am in a weird situation. I have been actively investing in Real Estate for the last 6 months, but have had the idea for 3 years or so. Over the course of that time and during my research and thinking phase, I was...
Hey BP!So I'm finally getting my first rental property this week and I have a few random questions that I was hoping to get some help with. 1. Utilities - I'm not sure how the utilities work. There is some light remod...
In a bit of a complicated situation..
When I bought the place it was sold as-is. Since the current tenant in place is a realtor, she was aware of what that entails. Upon signing a 3 month lease they mentioned the was...
....the lender is telling me I can't make more than 20% in the deal. They know there is a waiver for that but they don't have investors who will buy their loan if they do that. Sooooo, should I:
A) Forget about the...
Hi,
I was wondering what the repercussions were for a fix and flipper (borrower) if they were to default on payments and get foreclosed on by their private money lender.
If the foreclosure process wer...
Adverse Possession Under Texas LawJust because a property has a defective chain of title doesn’t mean you should rule it out right away. Adverse possession can clear title by merely occupying it for enough time. As an...
Originally posted by Jon Holdman:I'm taking back a house this week because the borrower hasn't been able to sell it.
Jon, sorry for the thread drift, but I've been wondering, when the lender (you, in this case) fore...
I just got this text from one of my tenants. They have decent (not great) credit, have always taken ownership in the property (maybe now I know why?), and never been late on their payments. They're fully-employed, a...