Bob Jaeger
Options pursuing FHA note foreclosure
Looking for strategies and creativity ideas on how to pursue an opportunity I found in my area that at the right price could be a good addition to my BRRRRRRR portfolio. The facts and challenges are-1) The house is li...
Elliott D.
Large insurance claims and your lenders involvement in your case
I need help understanding this idea that your lender will help you collect on insurance claims if you have a high outstanding loan balance.In this scenario, if you have a high loan balance on a property, and your prop...
Angela W.
Texas Statute of Limitations Related to Title of Real Property
Texas Statute of Limitations (SOL) Related to Title of Real Property
While not exhaustive, below is a list of liens and judgments along with the Texas Statute of Limitations that may be filed or found in the real pro...
Salil Surendran
Converting from homeowner to landlord insurance policy
Just rented out my primary residence and researching insurance coverage. Here is what I have learnt. Please do comment if wrong:
If you are not residing in a unit then a homeowner’s insurance will not cover anything....
Fabian J Valdes
how do I find the owner?
I found a property that looks abandoned while driving for dollars. fence broken,garage door old and broken,front yard needs alot of work.how do I get the information to contact the owner? or get more information on t...
Horacio Gutierrez
using rental income for home loan
How long do you have to be landlord to use you rental income on home loan?
David Hansen
LLC vs Personal Name
Hello BP!As many of us are consistently debating, holding RE in our personal names to take advantage of lower rates and better loan terms vs holding RE in a LLC to take advantage of liability protection, which do you...
Chris Martin
Florida Rental Tax
My girlfriend and I are looking to begin in REI with a house hack in the West Palm Beach area. With any lease under 6 months in Florida being subject to 6% sales tax plus additional county tax, I have read that those ...
Barry H.
Borrower asserting costs to close a sale
Hey BP Lenders and Joint Venturers....I have a tough one and looking for guidance. Borrower came to me for $325K in a JV-Lending deal. Standard type deal where I lend the Acquisition and the quantified rehab (no for...
Justin Reid
Should I use an escalation clause?
I put in an offer on a bank owned (US Bank)property today. The house has been listed for 200 days, and just over 2 weeks at its current price point. A few hours after my offer was submitted I get a call from my agent ...