Cheryl C.
Anyone renegotiating your loan terms?
I closed today on 10 refi's - my personal residence (which was a full-fledge refi) and 9 commercial rental loans. The commercial loans were simple loan modifications and cost me 1/2 point to reduce my rates and exten...
David Avetisyan
Question: 'As Is' Sale in SoCal
My question is as follows:On an 'As is' sale in SoCal, who is responsible for the Certificate of Occupancy?I would like to believe, even if it's an 'As is' sale, the seller should be responsible for making sure that p...
Mike Smith
Short sale back to self
Bank of America has declined my modification request three times without legitimately. I know this is true but that is another topic... I am trying to save my home. It is in the process of a short sale. I have an inve...
Michael Lee
Need help analyzing this deal - BRRRR?
Hi All!I need some help analyzing this deal and what the best approach is to finance it.So this property is located in New Jersey, in a very good A neighborhood, approx 1hr to get to New York City. It is a 3 family ho...
KENDRA J.
Renting house to assisted living facility owner
HiI have been contacted by an assisted living company that is interested in renting my home to use as a small 4 client assisted living home. They currently have another assisted home in a different part of town that t...
Pari Thiagasundaram
Is this note worth buying ?
I am trying to get my feet wet on the note business. Here is something that i offered and the seller accepted my offer. (Have one last chance to backout if need be).UPB: $8226.36Monthly payment: $596.50Remaining numbe...
Jamila Garcia
Inherited property with tenants making renovations
Need Advice.
My best friend’s dad past away last month. He inherited a home with tenants in Santa Clara, California. They have a 3 year lease agreement signed and in the agreement his dad and the tenant negotiated t...
E J
Help!!!!! Solutions for owner in pre-foreclosure??
Hi everyone, this woman approached me today and she is about 15,000 behind in taxes and also several months behind on payments. She has no auction date yet, but is looking for a solution where she could sell the house...
Farzan Setayesh
Unpermitted garage conversion to ADU
Hello. An off market deal has been offered to me. It is a 2 car garage conversion to an ADU without permit. It has been rented for the last 8 year. How can I get a permit? Consequences not getting a permit and keep re...
Audra Berger
Would it be crazy to do a subject-to deal on an house underwater?
Scenario - Sellers bought house in highly desirable neighborhood in Phoenix, AZ at peak of last crash. They still owe $650K. The home is worth between $595-610K. ARV could be right around $650K. Home is 5 bedroom.Sell...