Chelle Knijnenburg
Dad deeded 1/2 of the house to his wife who has dementia.
Ok I wrote about his before and have since learned that my father legally owns the mortgage, but does not own the house he is paying for. How does this get reversed?Background, My father and brother each own half of ...
Ryan Carter
Newish Member - Bastrop, Louisiana
Hi, Ladies and Gentlemen!My name is Ryan Carter, I'm 30 years old and from a small town in North Louisiana. I've been listening to the podcast and lurking these forums for the past 5 months or so and decided to go ahe...
Sandy Uhlmann
What Happens to Second lien if first accepts a DIL?
If a first lien is in default and rather than be foreclosed on, all parties agree to a DIL, is the second lien extinguished as if it had gone through a full foreclosure or does it still exist? If it still exists, I a...
Kathleen Thomas
1% Short Sale Admin Fee by Banks
I have been doing short sales for about 3 years now, but this is the first time I have recieved from a bank a short sale fee of 1% of the selling price payable by the buyer. Has anyone else seen this? Is anyone awar...
Jake Barrutia
Allow full year prepaid rent?
I have a tenant who would like to apply for one of my Hammond units. This person said she's had surgery recently and has been out of work since March, and will return in August. She offered to pay a full rent's paymen...
Abednego Kashindi
Conventional loan Refinance
Hello, everyone! I've got a question for you. In June, I purchased a house, and we closed the deal in July using a conventional loan. Since then, I've been hard at work fixing it up, and our goal is to complete the re...
Brenna Wood
Tenant Screening Process
Yall have been so much help with just the beginning process of people coming to see our property. We have turned down one person so far because she didn't qualify.We bought the BiggerPockets package for lease, applica...
Brian Garrett
Problems collecting on a loan
Long story (which I'll try to make it short), but we did what we "thought" was going to be a hard money loan for a fix/flip. Did what we thought was diligent research on the individual and company. They had a good hi...
Qamar Zaman
HOA not paying for water and sewer
Hi
I own a condo in a complex in Phoenix, Arizona. The CC&R's state that the HOA pays for water and sewer. In actual practice, each unit has their own meter from city and the unit owner or the tenant has to pay wa...
Ben Valentin
How to protect yourself against contractors when flipping...?
So I remember in the podcasts a few guests talking about learning the hard way when dealing with contractors. Losing money, dealing with mechanics liens, etc. They all mentioned that the more signed documents you coll...