I went to my first local REI club meeting last night. There was a speaker representing a company that extinguishes your bank note due to mortgage fraud. It works like this: you are an upside-down homeowner or owner...
On March 13th my tenant told me his intention to purchase a home. His 6 month lease was terminating on the 31st and he wanted to know if he could hold over on the weekly bases. when I questioned it he countered with ...
Does anyone believe or know whether investors who use seller financing will be able to take advantage of any forbearance of mortgage? I'm assuming not as that would need to be agreed upon with the individual note-hol...
Hey gang. I live In california so I really need to ask as anything goes in this state it seems. I’m currently trying to fill one of my rentals. I believe I have found a one of a kind tenant. Self proclaimed clean frea...
I currently own a property, and I am going to take a loan out on it. I want to invest in short-term rentals, and I'm unsure if I should borrow as much money as they'll let me and use the extra cash as a down payment o...
Hello,I have a rental property in Marion County, Florida. I was approached by a tenant who says they are licensed to run a Group Home for persons with Disabilities. I have never rented my property for such a use. H...
@Joe VilleneuveWow you really make lots of sense the way you break things down. Ok now
if you don't mind what about one this situation. I'm currently buying 3
properties and own 1(1 is paid off in full that I have...
HelloI have a prospective tenant that wants to run a daycare/school type business out of one of my properties. I met them both today and they are very nice people and have done this before at a previous place. They’v...
I got a call yesterday at 4 PM about a plumbing issue in the upstairs shower that leaked all of the way to the basement. Got that fixed last night, but the tenant tells me the water leaked into some kind of box that ...
Hi. I have a question about working with a partner to change the terms of a note. Here’s the details:Purchased a SFH with partners money, $50,000 purchase price, $30,000 rehab money for a total of $80,000. The terms ...